first ark impressions: its insanely simple. Much less moving parts than lightning. I like simple.
Any repos you recommend checking out to tinker with?
what exactly is more simple? just speaking for the fellow curious tards out here https://i.nostr.build/WG4gD.jpg
How are you testing it?
I was given access to one of the only implementations (i think?) by a bitcoin OG frend who has worked on L2 tech in the past. Probably one of the smartest bitcoiners I know when it comes to implementing things like this. Rust codebase. He told me he is going to announce something sometime soon and asked me not to share the link. Codebase started in January.
What will we call Ark Zaps? Bolts? 😂 nostr:nevent1qqsqajjvujjf3aperr3lfw98th439m5nyr052c9s0nkd926mqeuvg8qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpjuxp8vd29p6ancknaztql3eajk52y8xkppfn7au7elkw9c68zg5psgqqqqqqsekfsfr
I like ark zaps
It still fits with the play on words.
#include <iostream> #include <fstream> #include <vector> using namespace std; int main(void) { // input the file name of the text file to be read into a string string filename = "input.txt"; // open an ifstream object and set it to read from the file named in filename ifstream myFile(filename); // check whether the file was opened successfully if (myFile) { // read everything from the input file into a string string text = myFile.rdbuf(); // output the contents of the text cout << text << endl; } else { // output an error message if the file could not be opened cout << "Could not open input file." << endl; } myFile.close(); // close the ifstream object return 0; } /anna
Sometimes I wonder, with innovations such as Fedimint and Cashu, do we still need something like Ark?
Fedimint and cashu pretty much rely on lightning to be interoperable. This stack is insanely complicated
Can you point me to some reading that explains ARK?
I see. The way I understood it, ASPs are lighting nodes too.
Actually ecash, Cashu/fedimint don't rely on a specific underlying funding technology. Lightning is nice because it gives instant settlement which is great for the swap ux. It could easily be interoperable with other shitcoins, L2s or even good ol' paper. It's just custodial tech
I like the idea of having something like cashu, but directly correlated to onchain BTC. If I’m understanding correctly, isn’t this what Ark is?
yeah, you onboard user funds offchain via a “virtual utxos” that are linked to the onchain utxo. You can do this in a trustless way. I don’t fully understand it yet because it almost sounds too good to be true, still looking through the code. I see musig and tweaking which is interesting…
Wow. Does any movement happen on-chain during the vtxo process? If not, what a scalable solution IMO. Looking forward to more sharing on this from you. 🤯
onboarding is out of round, so its instant. You just provide a taproot address and the ASP virtually allocates a bit of the utxo to your address. If you want to do a unilateral withdrawal you need some btc in your wallet but otherwise it requires no inbound liquidity.
say whattt?!?!? So cool. Thanks for looking into this!
Yes, we still need it. Everything comes with it's own tradeoffs. https://image.nostr.build/722de23843011899dc4f249f242e90f704559eac55101c640aa6b786fca0e8e7.jpg
Still bullish on Hedgehog for offline lightning-like channels https://m.youtube.com/watch?v=-JeBDVPH1gA
Me too!
Yes, were are we at with Hedgehog?
Can you give me a few links please? First time to hear or this
Weird the link died https://www.arkpill.me
Is Ark compatible with current lightning Or do we need to redo everything? New lightning nodes, a couple more years of development etc?
It works independently of lightning. No inbound liquidity required. All you need is to do is generate a bitcoin address to start receiving offline
I need a good podcast that explains ark @preston
Is this the ARK white paper? chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://api-new.whitepaper.io/documents/pdf?id=rkxRolyAz
Me too... Where's the white paper on Ark? Is there a link, sir?
I was using https://www.arkpill.me but it looks down
Yeah, that’s what I understood from Burak’s explanations too. The ASPs have to be lightning nodes.
💯