240 sats \ 0 replies \ @ecurrencyhodler OP 30 Oct 2023 \ on: [Contract work] Help a Bitcoin onramp in the caribbean integrate NOSTR! nostr
Sorry here's the link to get a connection code: https://community.sphinx.chat/bounties
This wouldn't be a DDOS attack. Everyone else's vtxo is locked into the sharedUTXO which is being paid to the ASP until the 4 week timeout.
When the remaining members of the shared UTXO come back online at the 4 week mark, the ASP pushes them into the next coinjoin round to create another sharedUTXO with other people who are entering in that round.
Decentralization is just a tool for censorship-resistance and self-custody. Decentralization is not the end all and be all of all things.
Both traits are preserved through ARK, so IMO it's not a big concern.
Do you see any potential solutions to addressing the liquidity requirements that doesn't include borrowing bitcoin from lenders and raising ASP fees? Something in the design we can do to potentially make available bitcoin from ARK depositors that the ASP could immediately use to fund transfers?
GENESIS