Bitcoin Mailing List on Nostr: 🔖 Title: Ark: An Alternative Privacy-preserving Second Layer Solution 🏷️ ...
🔖 Title: Ark: An Alternative Privacy-preserving Second Layer Solution
🏷️ Categories: bitcoin-dev
👥 Authors:
• jk_14 at op.pl ( jk_14 at op.pl [ARCHIVE] (npub1dal…7r9n) )
• adiabat ( adiabat [ARCHIVE] (npub1sax…4xsu) )
• David A. Harding ( David A. Harding [ARCHIVE] (npub16dt…4wrd) )
• Ali Sherief ( Ali Sherief [ARCHIVE] (npub1xq9…2u5f) )
• ZmnSCPxj ( ZmnSCPxj [ARCHIVE] (npub1g5z…ms3l) )
• G. Andrew Stone ( G. Andrew Stone [ARCHIVE] (npub1tsl…cyxz) )
• Burak Keceli ( Burak Keceli [ARCHIVE] (npub136r…pezn) )
🗒️ Conversation Summary: The Ark protocol enables off-chain, anonymous payments through virtual UTXOs that expire after four weeks. The protocol uses an untrusted intermediary called the Ark Service Provider to provide liquidity and charge fees. Lightning payments can be made with zero-conf coins, but there are risks. A watchtower program for Ark has been proposed to mitigate the disadvantage of requiring users to refresh their coins every few weeks.
📅 Messages Date Range: 2023-05-22 to 2023-05-28
✉️ Message Count: 15
📚 Total Characters in Messages: 55683
🏷️ Categories: bitcoin-dev
👥 Authors:
• jk_14 at op.pl ( jk_14 at op.pl [ARCHIVE] (npub1dal…7r9n) )
• adiabat ( adiabat [ARCHIVE] (npub1sax…4xsu) )
• David A. Harding ( David A. Harding [ARCHIVE] (npub16dt…4wrd) )
• Ali Sherief ( Ali Sherief [ARCHIVE] (npub1xq9…2u5f) )
• ZmnSCPxj ( ZmnSCPxj [ARCHIVE] (npub1g5z…ms3l) )
• G. Andrew Stone ( G. Andrew Stone [ARCHIVE] (npub1tsl…cyxz) )
• Burak Keceli ( Burak Keceli [ARCHIVE] (npub136r…pezn) )
🗒️ Conversation Summary: The Ark protocol enables off-chain, anonymous payments through virtual UTXOs that expire after four weeks. The protocol uses an untrusted intermediary called the Ark Service Provider to provide liquidity and charge fees. Lightning payments can be made with zero-conf coins, but there are risks. A watchtower program for Ark has been proposed to mitigate the disadvantage of requiring users to refresh their coins every few weeks.
📅 Messages Date Range: 2023-05-22 to 2023-05-28
✉️ Message Count: 15
📚 Total Characters in Messages: 55683