Oddbean new post about | logout
 lol Ark is a protocol, not the investment thing. They have nothing to do with each other. 
 Well it was a terrible decision to name the protocol Ark when there is already an Ark in the space. 
 ok 
 Yeah how dare you @calle 👁️⚡👁️ 😂 
 yeah right? 
 Still confused as to why Ark the protocol is needed for ecash to succeed. From what I read Ark aims to scale bitcoin by batching UTXOs on an “Ark server”Currently Ecash uses lightning as the funding source. Lightning abstracts UTXOs. Wouldn’t Ark be competing with lightning as a layer 2 and as funding source for cashu mints?

Or are you just suggesting that it helps scale bitcoin in tandem with lightning and ecash?


Also Ark appears to be VC funded by Tim Draper (guy who funded Theranos and defended Elizabeth Holmes to the very end of her grift) 

I will give kudos for trying to scale bitcoin without making changes to the base layer but remain skeptical about VC funded projects and their true intentions