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21 sats \ 6 replies \ @BlokchainB 30 Jul \ on: Playing Around with Ark bitcoin
Did you experience your VTXO expiring?
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86 sats \ 5 replies \ @OT OP 30 Jul
No. I saw that it had an expiry at a certain block height. I think it was around 1 month.
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0 sats \ 4 replies \ @BlokchainB 31 Jul
Yup that’s how it goes one month then POOF money vanished
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79 sats \ 3 replies \ @OT OP 31 Jul
Lol, I'm sure it won't be that easy to run away with our precious sats.
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0 sats \ 2 replies \ @BlokchainB 31 Jul
It’s baked into the protocol
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74 sats \ 1 reply \ @pakovm 31 Jul
That's why you have things like Ark Notes, which are basically a reminder for the ASP that you have done money with them.
Refreshing could be solved with covenants or APO, so users wouldn't need to connect to refresh because the refresh tx could be pre-enforced as just another spending path in Bitcoin in the case of covenants, or the user could sign a PSBT for any amount and any fee rate in the case of APO.
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0 sats \ 0 replies \ @BlokchainB 31 Jul
Yeah but this seems very fragile to me. Especially for normal users if this isn’t done automatically
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