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119 sats \ 3 replies \ @DarthCoin 17h \ parent \ on: Arké Wallet: Ark wallet using second.tech implementation - Christoph Ono Design
and let's mention also that many of these "unilateral exists" from Ark will be made through a swap ark to LN... So we are back to the same thing, somebody have to prepare that channel to receive from the swap.
I haven't seen them conflate unilateral exiting with LN, but wouldn't surprise me, their scamming seemingly knows no limits.
The ability to unilaterally exit is an entirely on-chain thing as it's the base chain chain security that makes things unilateral.
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something, something...
I wonder what will be that "out of the box" thing, if not a swap service ?
So in the end the Ark user will still have to open a channel with the ASP in order to get out of the vUTXOs LOL, instead of making it more simple, is getting even more complicated for a noob.
This will be such a mess.
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Guaranteed swap service. That's why these things get funded so easily, the business model is that of any other centralized exchange.
People bitch about routing fees being higher than chain fees right now, so they'll pay extra to add a swap hop LOL
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