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Vlad, Bitcoin Takeover Podcast 2y ago

What happens if you HODL your coins on the Ark 2nd layer? Are they going to expire and get lost forever?

According to Burak Keceli, Ark has a built-in mechanism to send the coins to yourself. Therefore, you can HODL for as much as you want.

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calle 2y ago

Not sure if he really says that. Your coins will expire after 14 days according to the protocol. That means if you don't open your wallet, your coins will be "lost" or go into custody. Of course, if you open the wallet, you can self-spend (that's what he meant iiuc).

Correct me if I'm wrong but Ark isn't for cold storage (which is what we mean by HODLing I guess).