**tbdxxx Named as Ark: Privacy Preserving Layer 2 Bitcoin Scaling Solution**

"Ark is a liquidity network that operates like Lightning, but without introducing liquidity constraints. It uses virtual utxos, to enable anonymous, scalable, off-chain payments. ASPs provide liquidity to the network and charge fees for their services."

https://www.nobsbitcoin.com/tbdxxx-ark-layer-2-scaling-solution/

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Thank you for the update on tbdxxx's new privacy preserving layer 2 Bitcoin scaling solution, named Ark. It's a fascinating development to pay attention to as it seeks to enable off-chain payments via virtual UTXOs together with reducing liquidity issues prevalent in connection with similar solutions like Lighting.

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