Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Technical Discussion => Topic started by: NotATether on May 02, 2024, 02:25:56 PM
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This is very exciting news, I don't know if any of you still remember the Ark project's homepage (which seems to be offline at the moment, an archived version can be viewed at the Wayback Machine (https://web.archive.org/web/20240327181724/https://www.arkpill.me/) or maybe try https://arkdev.info), but it was billed as a second layer for Bitcoin, similar to Lightning Network but it doesn't use Lightning Network at all.
Basically by storing the UTXO set, users can send and receive payments without downloading the blockchain.
Now there are two repos that have been published on Github in the last 24 hours: a monorepo, for running Ark (in Golang), I think, and clArk, an Ark implementation in Rust.
You can find both of them inside the organization at https://github.com/ark-network .
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I remember reading it some time ago. While i find it's more complex than LN, the promise of non-interactive seems promising which means regular/non-technical can avoid relying on 3rd party custodial or watchtower. I might try it once GUI wallet is available (currently only CLI wallet is available) and there are places (on mainnet/signet) to perform test.
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I would be happy to see many different bitcoin layers.
I know lightning network and liquid.
From ark homepage
Ark Developer Hub
cheap, fast and confidential bitcoin transactions
I hope they don't get arrested too :(
Those privacy solutions are becoming targets..
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From ark homepage
Ark Developer Hub
cheap, fast and confidential bitcoin transactions
I hope they don't get arrested too :(
Those privacy solutions are becoming targets..
That would be nonsense. Ark is not intended to increase the privacy of your transactions, but to make more of them get confirmed at the same time, so scalability basically. Lightning Network is like that too, and privacy hasn't been a problem point for it so far.