300 sats \ 1 reply \ @_b_o_n_e_s_ 21 May 2023 \ parent \ on: Ark - better Lightning? bitcoin
thanks for write up
who pays for constant stream of onchain tx?
it sounds like its good solution for privacy. swap into layer to transact, not store funds indefinitely
The Ark Service Provider (ASP) has to pay the fees for those transactions and so that will be passed onto the users.
But the trick is that the more users use it, the cheaper it becomes. i.e. users can make 1000 ark transactions and they split only a single onchain fee for 1in-1out tx.
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