Will it be easy to run your own ASP for family and friends?
ark is awesome
you can just send money
Someone else running ark posted a screenshot of their ark wallet, so I grabbed their pubkey and sent them some sats
https://x.com/matthewvuk2/status/1902450286989373568
then I gave him *my* pubkey so he can return the favor at his leisure
https://x.com/SuperTestnet/status/1902482044371820703
and it's asynchronous!
Discussion
Good question
I need to try Ark been meaning to for a long while
I suspect it will be easy to do if:
- you don't do rounds frequently (rounds cost money, which means it's harder/costlier to run Ark if you do rounds frequently, and unless you're very generous you have to pass on those costs to your users as fees, which makes it annoying to use)
- your friends and family trust you to prevent doublespends (if they *don't* trust you, they have to settle each payment before considering it "received," and settling costs the operator money, which, again, means more fees for users)
Ark's big tradeoff seems to be this: costs rise if you do rounds often, and if you don't do rounds often, it has the same trust assumptions as a statechain -- i.e. the operator can doublespend payments
Very interesting
Is this the site I can learn more about Ark again?👇
I thought Burak was now working on something different than Ark (last I spoke with him a year ago or so )
today I've been testing the version of Ark by Second:
it seems to have more testing infrastructure built out than the version of Ark by Ark Labs (https://arklabs.to/)
I think both versions run on Inquisition signet
Last I heard, Buraq is working on Brollup, which is a variant of Ark designed for defi, with native support for issuing altcoins on it (yuck!)
That's what he's working on now! Thank you for reminding me I recall this now. Yeah not too much of a fan either but to each his own I guess.
I'll have a play with Second's implementation of Ark as you mentioned💪
This sounds like a strict upgrade to statechains then, which itself is better than custodial LN.
Increasingly liking Ark and I would love for it to work and scale to serve everyone without KYC shit.
Initially we thought probably not. There is a high on-chain cost associated with it, and you have to run LN infrastructure. But it might be possible if you do very infrequent rounds.
But we're currently not optimizing for that.