Ark is interesting. I’m glad that other layer 2 solutions are still being ideated and explored. IIRC there is a design flaw in Ark that requires people to get online within a short period of time or they could lose their funds. 2 weeks maybe? Someone please enlighten me so I’m not spreading FUD.
Discussion
That is what I read on their site. It reverts to sender after 2 weeks. Didn’t get the impression they considered it a flaw.
The vTXO closures are interesting. Recipient has two weeks, then the sender has two weeks to reclaim. Then the service provider has 4 weeks to claim abandoned transactions.
If it’s not a flaw in their mind, that’s fine. Ark can’t be a consumer facing layer 2 solution with that UX. It could underpin a layer 3 solution that handles the claim management for the end user.