Ark is an open-source scaling protocol for #Bitcoin, initially proposed in May 2023, and now being developed by software companies like @Ark Labs . Ark is not a competitor but complements the Lightning Network, focusing on shared UTXO ownership via Virtual Transaction Outputs (VTXOs) managed by Ark Service Providers (ASPs). Ark could save on transaction fees, is especially beneficial for daily payments, and does not require covenants but would benefit from them. Read more here:

Stacker News

Ark - Protocol to Scale Bitcoin by Sharing UTXOs \ stacker news

Ark - Protocol to Scale Bitcoin by Sharing UTXOs Ark is an open-source protocol to scale Bitcoin. It was initially proposed in May 2023 by Burak @b...

#Ark #BitcoinScaling #Layer3Solutions #BitcoinLayer3 #ArkLabs #ArkNode #Arkade #LightningNetwork #BitcoinEcosystem #UTXO #VTXO #ArkServiceProviders #payments #grownostr #zap #btc #freedom #zaps #opensource #foss #lightning #sats #satoshis #covenants

Fedimint is an open-source protocol aimed at scaling #Bitcoin using a federated Chaumian e-cash system, where "guardians" manage users' bitcoins in a multisig wallet, issuing e-cash for use within or between federations via Lightning Network. It offers privacy and reduces reliance on centralized third parties but introduces risks like potential collusion among guardians. Fedimint is designed for those who cannot afford individual Lightning channels, promoting community-based trust over traditional custodianship. Read more here:

Stacker News

Fedimint: Scaling Bitcoin for Billions of People? \ stacker news

Fedimint: Scaling Bitcoin for Billions of People? Fedimint is an open-source community custody protocol to scale Bitcoin for billions of people! Ho...

#fedimint #ecash #opensource #multisig #privacy #community #rugpull #BitcoinAdoption #lightning #LightningNetwork #DecentralizedFinance #DeFi #BitcoinCustody #BitcoinTechnology #plebchain #grownostr #zap #btc #zaps #freedom #satoshi

“Fractional reserve” has barely a “fraction” in its “reserve” #fiatscam #bitcoin

#Bitcoin banks in cyberspace.. read about deez nuts View quoted note →

I’m listening to Book of Satoshi, collected writings of Satoshi Nakamoto. Interesting book about the pre-history of #Bitcoin. Gavin Andresen had a Bitcoin faucet in June 2010 that was spinning out 5 BTC per user and some IP address from Spain was gaming that over and over again.. 😄

Designer working on #Bitcoin products? Check out Bitcoin Design for reference guides and open-sourced templates etc.! View quoted note →

Paid a steak using my fresh Alby Hub wallet @Alby with their hosted node service. The restaurant owner was slinging Wallet of Satoshi. “Fast and easy”, he said with a genuine smile on his face as the payment went through. The reason it feels so good to pay in #bitcoin is because when you do that the gods are watching and smiling.

#bitcoin #memestr #plebchain #58kgang #satoshi

#memestr #buythedip #plebchain

#memestr #100pushups #58kgang