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0 sats \ 4 replies \ @supratic OP 23 Sep \ parent \ on: @2ndBTC | Bitcoin’s blockchain has never seen Ark transactions. Until now. lightning
Thanks a lot for sharing some context! Much useful and needed as this is all new to me.
Are you saying that covenants need to be implemented in Bitcoin Core to guarantee VTXO and Ark success?
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0 sats \ 3 replies \ @nerd2ninja 23 Sep
I am just saying that all Ark users have to be online to use Ark without covenants and that with covenants, end users could be offline most of the time.
Doesn't mean it won't be successful without it, just that I think it would be a lot nicer with it.
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0 sats \ 2 replies \ @supratic OP 23 Sep
Doesn't somehow the same issue happens with Lightning too? At least for non-custodial mobile wallets and I assume for LN nodes too, if not the receiver is not online the payment will be not successful, or I'm wrong?
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0 sats \ 1 reply \ @nerd2ninja 23 Sep
You're correct.
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0 sats \ 0 replies \ @supratic OP 23 Sep
Right so they are betting high on covenants to be implemented at some stage. It will be a great feature!
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