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1/ Ark's superpower lies in its ability to leverage native Bitcoin script 🦸🏻‍♂️ Scaling UTXO-based contracts has the potential to enable a new generation of financial applications 🏦 Today, we're happy to share our work on Virtual Channels, bringing instant settlement to Ark ⬇️

Ark Labs

6,138 subscribers

102,355 次观看 • 1 年前 •via X (Twitter)

财经科学技术

Anya Rossi• Live Now

Private livecam show

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Ark Labs 的头像

Ark Labs1 年前

2/ Few might remember that payment channels predate the Lightning Network ⚡️ Early implementations, like the unidirectional channels in bitcoinj, never caught on for a variety of reasons One obvious downside comes from the high on-chain costs associated with channel setups 💰

Ark Labs 的头像

Ark Labs1 年前

3/ Ark allows us to revisit this concept, unburdened by Bitcoin's limited block space. Cost-effective deployment of payment channels becomes possible! For users, Virtual Channels offer notable advantages over Lightning: No backups ✅ No liveness requirements ✅ No routing ✅

Ark Labs 的头像

Ark Labs1 年前

4/ Thanks to Tapscript, we can extend bare VTXO script beyond a single signer ✍️ By defining additional spending paths, we can encapsulate multi-party contracts within VTXOs, enabling the creation of Virtual Channels Details and code snippets below👇

Ark Labs 的头像

Ark Labs1 年前

Virtual Channels are just the beginning! By extending Bitcoin's script capabilities through Ark, we’re opening the door to a broader financial infrastructure secured by Bitcoin's consensus rules. Start building with us today! 🛠️

derHelper🥕🐇 | LNhance/CTV 的头像

derHelper🥕🐇 | LNhance/CTV1 年前

How privat is Ark?🤔

Frank Corva 的头像

Frank Corva1 年前

LEGIT.

Bitcows 的头像

Bitcows1 年前

👀👀👀👀

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