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SatsAndSports 2 months ago
I'm a bit confused 😀 I read a bit about the Ark Protocol some time ago, and am looking forward to using it more! At 'Arkade.money', I expected to be able to pay with Lightning to top up my (Ark?) wallet. I assumed it would be able to pay the ASP (or something like boltz) to get a small Ark balance by paying a small Lightning invoice But arkade.money wanted me to send to an on-chain address. I thought that Ark could stay entirely off-chain until a user chooses to exit?

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I haven’t tried it yet, but here is what I understood. Ark is a payment batching protocol on top of Bitcoin L1. When you want to embark an ark you send a UTXO (thus onchain payment) to ark provider that will give you in exchange some Virtual UTXOs (VTXOs). These VTXOs can be exchanged in the ark provider. The only involvement of lightning, afaik, is for moving VTXOs between different ASPs and between different layer. Does it make sense?