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138 sats \ 3 replies \ @justin_shocknet 10h \ parent \ on: Another explanation of how Ark works bitcoin
That's the scam, make a Rube Goldberg machine to smuggle trust, call it scaling so you can astroturf a virtue signaling army to shill your shitcoin that you pretend is Bitcoin
Why it is hard for me to get behind this project when after acquiring it the asset can vanish due to time decay which is a crazy concept when it comes to a digital asset claiming to scale bitcoin
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There's an inherent liveness tradeoff once you leave the security of chain, lightning has this risk too, hense watchtowers
Arks entire positioning though is to be better than lightning, but since the challenges lightning faces are inherent to Bitcoin itself, they just lie
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