Replying to Avatar Guy Swann

I’ve seen nothing to suggest Ark doesn’t have the unilateral exit it is designed to have. I know very little of Spark, but Ark has been built entirely in the open and I see nothing to consider it any less of a viable tool than Lightning itself. Many of the same primitives enable it.
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DarthCoin ₿⚡️ 2mo ago

The whole interaction of Ark with the rest of the world is through LN.

Yes, maybe they can send some bits and tits inside the ASP, but they will need to interact with the rest of the world to be able to make REAL payments.

Ark's wrong assumption is that people will just drop the whole LN and use Ark.

That will never happen.

That means Ark will be just a niche feature used by such poor users that cannot open a damn LN channel.

Fun fact: all those complaining that cannot afford a LN channel are the ones that for 15 years denied bitcoin and some of them used shitcoins.

If you would buy just 1000 sats/month during all these 15 years you would have enough sats to open a damn LN channel and do your thing.

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Guy Swann 2mo ago

I’ve not really heard people saying Ark would replace LN. I’ve always heard that the best use case for Ark was that each transaction could BE a channel without any of the delay or general liquidity problems that tend to come with it.

Basically that Ark makes a fantastic way to create giant channel generating hubs. And obviously if it’s not integrated into the rest of the LN ecosystem, it’s basically useless in isolation. Lightning is the glue that holds every one of these other systems together. Roy has a great article about that actually

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Justin (shocknet) 2mo ago

Every chain transaction can be a channel already.

The workaround to the delay (a confirmation) is TRUST. Can do that with zero-conf channels already.

"Liquidity problems" aren't solved, they're centralized.

Their whole position is use Ark for payments not Lightning, granted they shift narratives like the weather because everyone they come up with is based on lies. We got the receipts, they're scammers.

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DarthCoin ₿⚡️ 2mo ago

funny enough... is 2025, after 7 years of LN being around and people still have no idea what are 0-conf channels and how to use them.

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DarthCoin ₿⚡️ 2mo ago

Ark will have the same "liquidity problems" like LN have today.

LN have liquidity problems mostly because its users are really dumb plebs that have no idea how to use it.

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Justin (shocknet) 2mo ago

A little birdie informed me that the "DeFi" positioning some are doing is staging for ICO's they're planning for liquidity funds that promise yield to morons.

Completely trusted of course.

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Guy Swann 2mo ago

I doubt we ever have another ICO bubble like the first one. Everyone sees that as a scam coming from a mile away. But I guess we will see as all that mentality rolls back into Bitcoin as crypto stagnates and lags as i think it will continue to do generally.