160 sats \ 2 replies \ @nicosey 21 May 2023
Is this not some sort of statechain?
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0 sats \ 0 replies \ @nerd2ninja OP 24 May 2023
Okay I have a source for you: https://twitter.com/brqgoo/status/1661261804243148800
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0 sats \ 0 replies \ @nerd2ninja OP 21 May 2023
It definitely does not use a merkle tree that needs global consensus. It is definitely not a sidechain. Everything on this site, are just sort of claims right now. When we get to review some code, then we'll be able to verify what it is exactly.
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500 sats \ 2 replies \ @_b_o_n_e_s_ 21 May 2023
so if i understand correct, each ark 'token' backed by utxo? so verifiable supply and 'ASP' can't inflate?
that alone makes me more interested than fedi/cashu
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71 sats \ 0 replies \ @timechain 21 May 2023
Not just 'backed, ' Liquid is backed by real Bitcoin, but you need their permission to peg back out into real Bitcoin. This is a real L2, meaning you can get your Bitcoin back trustlessly. So pumped!
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0 sats \ 0 replies \ @_b_o_n_e_s_ 21 May 2023
by why tf use telegram
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400 sats \ 0 replies \ @k00b 21 May 2023
I'm really stoked to see so many L2s cropping up.
At an Ausin LitDevs last year, I asked as a silly thought experiment "I hate payment channels. How do we get rid of them?"
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250 sats \ 0 replies \ @fiksn 21 May 2023
I've written https://github.com/fiksn/awesome-ark, please read it and contribute to make it more usable. I've tried to include a simple explanation of how ARK works too, but likely this still contains errors.
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50 sats \ 0 replies \ @faithandcredit 20 May 2023
wish them the best thx for sharing
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50 sats \ 2 replies \ @BitcoinFoqus 20 May 2023
Do you have a link to the announcement? I didn’t see any reference to TBD.
Anyway sounds cool but I’d need someone smarter than me to explain it as an analogy.
Also, I wonder why the 4 week time limit on vtxos.
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0 sats \ 0 replies \ @nout 20 May 2023
It's 2 weeks for sender, 2 weeks for receiver and 2 weeks for the pool ( if I understand it correctly)
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0 sats \ 0 replies \ @BitcoinFoqus 20 May 2023
Nvm I found a link https://www.nobsbitcoin.com/tbdxxx-ark-layer-2-scaling-solution/
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0 sats \ 0 replies \ @034b74e6df 21 May 2023 freebie
Nice