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50 sats \ 1 reply \ @CruncherDefi 17h \ on: Fake L2 scams like Ark, Spark, Citrea, Drivechains, and others are Shitcoins 2.0 bitcoin
The same as with lightning. In lightning you don't open/close channel every transaction.
I don't get you FUD on ARK. It's a legitimate method of scaling that complements LN very elegantly.
Imagine social graph of users transacting. LN is good for creating highways in this graph - ideally between huge clusters/cliques of users. ARK is good for connecting users in those cliques. LN/Ark are scaling in different dimension and we need both for proper bitcoin scaling.
Wrong, the main FUD against lightning is people can't afford or bitcoin to scale closing channels, and that Ark only has 1 output for many channels.
It doesn't scale anything, you apparently didn't read a thing.
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