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200 sats \ 10 replies \ @teemupleb 6 Nov \ parent \ on: Unlocking Liquidity Before Shared Output Expiration | Ark Protocol bitdevs
Yeah, marketing Ark with the “unilateral exit” tag seems a bit disingenuous because to unilaterally exit, you’d need to pay fees for possibly many on-chain transactions, which kinda defeats the whole purpose of using Ark to escape high fees in the first place!
Something like
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How does it defeat the purpose?
You can do a practically unlimited amount of UTXO swaps on Ark for a fraction of on-chain costs.
That would be like saying Lightning is pointless because force closures can be expensive... sure the worst case scenario is costly but the system is designed to avoid this.
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Good point!
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It's a shame too, so many resources get wasted on these scams instead of legitimate projects. ETH didn't die, ETHeads just started pretending to be Bitcoiners.
I probably could have integrated parts of these to better coordinate channel operations in Lightning.Pub, but instead of consulting me they decided to affinity scam Lightning instead, it's war until they repent.
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Soon you'll be implementing Lightning on top of Ark 😏
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I understand it better than you apparently, aren't you the guy that made a Liquid wallet and called it self-custodial lightning?
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If you wanna know more about Ark, for real, you can start with my (a bit old) ark explainer and keep a look at arkdev's blog
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You're still scamming
a wallet that has the self-custody of Phoenix
right after this affinity scam:
We believe that Lightning self-custodial should be free and open-source and accessible to everyone.
If you believe that, why don't you work on that instead of fake L2's?
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