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11 sats \ 4 replies \ @supertestnet 19h \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
no, you can do Ark with just segwit + standard multisig, no need for taproot
it's just more expensive because the ASP has to pay for more signatures (and will surely pass those costs onto his or her users, which would annoy everyone)
imo clArk counts as Ark
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0 sats \ 3 replies \ @moonsettler OP 17h
You need Schnorr signature aggregation for it to be anything but an academic shitpost.
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11 sats \ 2 replies \ @supertestnet 17h
I disagree. It would still have been worth doing Ark even if we never got taproot, because of the cheaper transactions. But no one thought of Ark til after taproot was a thing, so it's a moot point.
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0 sats \ 1 reply \ @moonsettler OP 16h
MAX_PUBKEYS_PER_MULTISIG = 20
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11 sats \ 0 replies \ @supertestnet 10h
(1) 20 people sharing a utxo is a 10x improvement over lightning...especially when you pile on "there are no inbound capacity issues" and "every user can still 'send to' lightning invoices"
(2) it is perfectly valid and standard to do an m-of-67 in segwit v0 as explained by Pieter Wuille here
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