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kukks
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Building in the shadows for a better future.

Join us at nostr:npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n in our pursuit for programmable money. No bullshit, just #bitcoin.

https://bitcoinerjobs.com/job/1830981-software-engineer-go-rust-typescript-ark-labs

Now™️ nostr:note1sm257q3lzyat474pngytujwr5f4wpuu994p74ugluqc4htj7dn9sn686hj

Maybe I'll bring my copy and beg for an autograph🥺

No, this doesn't refer to the typical tps measurement used by blockchains.

I refer to the pragmatic upper bound for creation of new vtxos within a single onchain tx.

This bound is mostly defined by interactivity rounds between participants to construct the covenant. Since we do not have introspection covenants, we use a a series of n-of-n musig transactions. More vtxos = more interactivity.

We've had a functional ark for bitcoin for almost a year now, and since then we've optimized heavily along with plans to go even further. We have methods to achieve the above in concurrency, so that even with a single onchain transaction, we can create higher vtxo counts, without increasing interactivity for each VTXO owner.

In terms of "tps", I would say it is similar to lightning in that we have offchain instant transactions, but with actual transaction composability -- just craft a bitcoin transaction, sign, and submit.

There is of course no free lunch: one must swap their existing vtxos for new ones that are created with the commitment transaction (covenant session) described above, a trustless swap through connector outputs, for two reasons:

Batch expiries: these covenants have an expiry that allow the ark operator to reclaim its initial liquidity.

Switching from preconfirmation security (previous owner + ark operator collusion risk) to bitcoin finality (fully under your control). This also prunes the unilateral exit to a minimum tx set for broadcasting to.covnert vtxos to utxos.

Maybe stop listening to professional wiener gobblers. Sounds unhealthy.

This whole spectacle that Ark is "gimped" without a covenant is way over the top.

Yes, Ark can be better with covenants. In fact, at nostr:npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n we have both variants developed and concluded that a covenantless variant today is not only viable, but can exceed expectations through the right optimizations and engineering. We have a path for multiple hundreds of vtxo creation in a single commitment transaction while keeping the interactivity at an acceptable level.

We also have paths of varying methods to mitigate the approaching expiry dilemma.

Ark does not need covenants. It is FUD to state otherwise. You'll see soon enough though!

ICYMI nostr:npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n launched a new deep dive section about Ark for an intermediate grokking session.

And for the balls' deep session, a litepaper https://docs.arklabs.xyz/ark.pdf 🔥

You'll also find integration docs for our (early) SDKs: notice how simple using Ark is! https://docs.arklabs.xyz/integrate/sdk

Glad I’m not the only one. Updates are in the GitHub issue: https://github.com/Kukks/BTCPayServerPlugins/issues/89

If nostr:nprofile1qqsz925p2y8wv0lzk9k2u9hqjg0h36d6nzpw9p5w0e366mgg46d4j4qpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhs35nrjm or anyone else needs me to run some tests or gather outputs, I’m happy to help.

Welcome 👑

nostr:note1qrrpncztvqywd6a6cq64yjn5e54ap4rl2vackt09srwmx8g8r0gs969fzv

Really enjoyed this one, hit home with so many topics but especially burnout and sustainability in open source.

Not gonna lie, 2024 was probably one of my lowest points. Everything felt like an uphill battle.

Grateful for the shift in 2025 so far.

Also excited to be going to my first btc++ in Riga this year ❤️ nostr:note1fs4pfms6yfsfl7huxvvfj66qlc7kyxt4pe4n8c8xznfg499pe2hq5fv76m

nostr:naddr1qvzqqqr4gupzqg42s9gsae3lu2cketskuzfp778fh2vg9c5x3elx8ttdpzhfkk25qq2nv5nzddgxxdjtd4u9vwrdv939vmnswfzk6j85dxk

You'd be surprised, shorter than you think!

Saylor has always been the usual greed based statist. He doesn't give a shit why we're all here, why we've been at this for far longer, and why we will outlast his degeneracey. He is pure noise.

We've got one chance to fix the money. Maybe it won't fix the world outright, but it's the next best thing many of us can work on.

nostr:nevent1qqsp299acvpkcxchqqwl4ewwc9wzpl7vnhq37gnc2p6zgqfm6dmvgqspzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyrv2dm8scwtw428hnfzf0l5mwlwfwa3ng50nefwxxn3qsev3zej8kqcyqqqqqqgzu7dtt

The random person: nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgkwaehxw309a5xjum59ehx7um5wghxcctwvshszrnhwden5te0dehhxtnvdakz7qrxnfk

Dust amount - minimum amount a bitcoin transaction output is allowed through current policy. Since ark has unilateral exit, we currently enforce it. Although you can always go to a miner out of band and get it included in a block but thats more of a cheat code than pragmatic.

However we know that at that amount, perhaps it's not enforceability that matters, but rather the claim, and collecting a sum of claims higher than dust should allow you to go to enforceability again. Work in progress and just the rationale right now, but it's in our considerations

I also find consistency in routine to be my best protip. I sleep a solid 8+ hours every day, fall asleep deeply within 5 minutes and dream. No weird supplements, no self medication with weed or alternatives.

Lol wtf, freemasons is just a wannabe macho cigar club not a satanic cult 😂.

And hey, if we're going there, the true church of satan is probably the most bitcoin philosophically aligned organization ever.

https://www.churchofsatan.com

Just read their intro text and tell me I'm wrong.