Ark Labs @ArkLabsHQ Twitter profile

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Ark Labs

2 months

🔥 Hot off our $2.5M pre-seed raise, we’re offering an exclusive sneak peek at Ark Node—our flagship wallet daemon designed for fast, low-cost Bitcoin transactions over Lightning via an easy-to-use dashboard! 💸⚡️

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Ark Labs

@ArkLabsHQ

5 months

Today we’re launching Ark Labs, a new company dedicated to building solutions for the Ark protocol, a new #bitcoin layer two that makes bitcoin payments at scale simpler and with no sacrifices to self-custody.

Introducing Ark Labs: A new venture to bring seamless and scalable payments to bitcoin

Today, we’re proud to unveil Ark Labs, a new company dedicated to building bitcoin layer-two solutions based on the new Ark protocol.

blog.arklabs.to

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Ark Labs

@ArkLabsHQ

2 months

1/ Big news! We’ve secured a $2.5M pre-seed led by Tim Draper and Draper Ventures, with key backing from Fulgur Ventures, Axiom Capital and Bitcoin angel investor, Stephen Cole, fueling our mission to make Bitcoin the future of global commerce! 🌎

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Ark Labs

@ArkLabsHQ

16 days

A Lightning Whitepill Thread ⚡️👼 Here’s why Lightning’s not only here to stay but about to get a whole lot more popular with the arrival of Ark. 🧵

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Ark Labs

@ArkLabsHQ

12 days

Lightning without the storms? You bet! As announced yesterday by @tierotiero at @BitcoinConfEUR , @Boltzhq is integrating Ark, marking a new era of faster, cheaper, and more user-friendly rebalancing on Lightning! 🔥 No more navigating fee storms— seamless swaps are on the way

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Ark Labs

@ArkLabsHQ

5 months

Ark Labs launches today, a new company dedicated to building #bitcoin layer-two solutions based on the new Ark protocol.

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Ark Labs

@ArkLabsHQ

1 month

New Bitcoin scaling solutions can be hard to grasp. That's why, over the next few months, we’ll be breaking down some of the more technical aspects of the Ark protocol here on X as part of a new series called Ark Fundamentals. But before we dive in, we want to hear from you! Got

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Ark Labs

@ArkLabsHQ

4 months

Lightning is an essential component of the #bitcoin scaling solution, but for retail users, the burdens of node, channel, and liquidity management are pushing them toward custodial wallets. Bitcoin needs new scaling options that make it easier to self-custody.

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Ark Labs

@ArkLabsHQ

2 months

The latest Ark release brings new features and improvements, including covenant-less Ark implementation, offline payments, client SDKs, MutinyNet support, and substantial enhancements to our codebase and documentation.

ARK v0.2 | Covenant-less, Offline Payments, Client SDKs, and MutinyNet Support... Oh My! | ARK -...

Release ARK v0.2, featuring covenant-less Ark, offline payments, client SDKs, MutinyNet support, and significant improvements to code and documentation.

arkdev.info

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Ark Labs

@ArkLabsHQ

5 months

The #LightningNetwork is awesome, but it can’t do all the heavy lifting required to scale bitcoin on its own. The Ark protocol offers users a new way to send and receive #bitcoin that’s just as fast and low-cost, but doesn’t require channel and liquidity management.

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Ark Labs

@ArkLabsHQ

12 days

Using virtual swaps, we can close Lightning's "liquidity loop" by providing participants with an interface to batch their channel management operations off-chain. We anticipate many infrastructure providers will find interesting ways to leverage the efficiency of Ark swaps and

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Ark Labs

@ArkLabsHQ

4 months

How Ark works You can redeem your #bitcoin on Ark at any time on-chain, ensuring you remain in control. Ark makes no compromises on self-custody.

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Ark Labs

@ArkLabsHQ

21 days

Ark v0.3 is out, taking us one step closer to the launch of Ark Node! ✈️ Two-step protocol for easier onboarding 🌲 Round participants now collectively sign and verify the VTXO tree 🕹️ New APIs for more flexible VTXO script policies For more details, visit the Ark engineering

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Ark Labs

@ArkLabsHQ

16 days

So, the next time someone tries to blackpill you on Lightning, just keep in mind: there’s plenty to be excited about. Development is hitting new highs, adoption keeps growing, and with Ark on the way, Lightning is about to get a serious UX boost. Our CEO @tierotiero will share

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Ark Labs

@ArkLabsHQ

16 days

Using Ark to reallocate liquidity efficiently across the Lightning Network is an important step towards improving the overall reliability of the system. This complementary relationship between Ark and Lightning reflects Lightning's evolution into an interoperability layer and

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Ark Labs

@ArkLabsHQ

12 days

Thanks to native support for Bitcoin script operations, Ark allows servers to virtualize many of the same contracts used by existing Bitcoin products and services. One we're excited about are Virtual HTLCs (vHTLCs). Combined with off-chain execution, we think they open the door

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Ark Labs

@ArkLabsHQ

5 months

A common misconception is that we need to wait for covenants on #bitcoin before you could deploy Ark. That’s not the case! Ark is already possible now. There’s no need to wait to bring the benefits of cheap, fast, simple payments to users.

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Ark Labs

@ArkLabsHQ

2 months

Want early access? Sign up now for a chance to be among the first 100 chosen to join our closed beta, kicking off in September. 🧑‍🔬Spots are limited, so be quick! ⏰

Ark Labs - Bitcoin Payments That Scale

Ark Labs is scaling Bitcoin with Ark, a new layer two protocol for fast, low-cost, seamless payments.

arklabs.to

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Ark Labs

@ArkLabsHQ

5 months

1/ There are a lot of #bitcoin covenants proposals out there, and you might be thinking why they matter. Here are some ways that Ark could improve if/when the features enabled by covenants are made available:

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Ark Labs

@ArkLabsHQ

5 days

From pioneering Italy’s 🇮🇹 first Bitcoin ATMs to scaling Bitcoin for the masses—catch @tierotiero ’s interview last week at @BitcoinConfEUR with @roxomTV . Chatting about self-custody and how Ark Labs is driving the future of global Bitcoin adoption 🌍 🚀

Transforming Bitcoin: Marco Agentieri’s Vision with Ark Labs | Roxom...

In this exclusive interview at Bitcoin Amsterdam, Marco Agentieri, CEO of Ark Labs, dives deep into his vision for scaling Bitcoin and making it practical fo...

www.youtube.com

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Ark Labs

@ArkLabsHQ

14 days

Catch @tierotiero ’s talk at @BitcoinConfEUR Proof of Work Stage on Thursday 12:30PM

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Ark Labs

@ArkLabsHQ

4 months

👀👀👀

Lendasat

@lendasat

4 months

Introducing Lendasat, a non-custodial, instant #Bitcoin loan service powered by DLC on ARK. Coming soon.

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Ark Labs

@ArkLabsHQ

2 months

Ark Node isn't just another wallet. It's a powerful tool designed to unlock the full potential of the Lightning Network, featuring: ✅ Trustless Swaps ✅ Seamless Node Integration ✅ Cheap BTC Transfers

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Ark Labs

@ArkLabsHQ

16 days

Enter Ark. Similar to Liquid, Ark is an off-chain scalability solution, but unlike federated sidechains, Ark offers similar trust-minimized guarantees as Lightning. Transfers of virtual UTXOs (vTXOs) are batched by servers then periodically settled into a single on-chain

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Ark Labs

@ArkLabsHQ

3 months

Ark is mentioned in the latest @BraiinsMining blog post

Second layers and other projects on top of bitcoin | Braiins

When somebody talks about second layers on top of bitcoin, they usually think just of the Lightning Network. However, this article – written by guest contributor Michal Novak – will show that...

braiins.com

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Ark Labs

@ArkLabsHQ

2 months

3/ This new capital lets us fast-track development and bring in top talent, especially world-class developers, to push the Ark protocol forward and enhance its Lightning interoperability. Bitcoin super coders—we need you!! ⚡️

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Ark Labs

@ArkLabsHQ

16 days

Lately, a new generation of mobile Lightning wallets is attempting to offload these operations onto more cost-effective, off-chain alternatives like @Liquid_BTC 's sidechain. Recent integration by leading Lightning infrastructure provider @Breez_Tech indicates that this trend is

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Ark Labs

@ArkLabsHQ

16 days

A lot’s also been happening at the protocol level to address long-standing UX and privacy issues. Support for much-anticipated specification upgrade BOLT12, for example, is growing, with recent integrations seen by the likes of @PhoenixWallet and @Strike . Among other features,

Phoenix Wallet

@PhoenixWallet

4 months

New major release! Phoenix Android/iOS/Server now supports BOLT12: - reusable, non-expiring payment requests - contact list (Android for now, iOS soon) - attach messages to payments More info: #Bitcoin #LightningNetwork

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Ark Labs

@ArkLabsHQ

2 months

4/ Look out too for new products and services on the horizon aimed at furthering adoption, including our flagship product, Ark Node (more on that shortly!)

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Ark Labs

@ArkLabsHQ

16 days

Yes, Lightning has faced challenges: routing issues, liquidity problems, and the complexity of running a node. But improvements like BOLT12 and complementary solutions like Ark are solving these. By leveraging each solution's unique strengths, the interoperability of Lightning

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Ark Labs

@ArkLabsHQ

2 months

@TimDraper @drapervc @FulgurVentures @allenf32 @sthenc 2/ Ark Labs is transforming the way the world uses money through our work on the Ark protocol. Ark is an open-source layer 2 designed to work with Lightning to enable fast, low-cost and seamless payments on Bitcoin—without compromising on decentralization or self-custody.

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Ark Labs

@ArkLabsHQ

2 months

6/ Want to be part of the future? Whether you’re a merchant, potential ASP, wallet developer or want to play an even more direct role as part of the Ark Labs team, our DMs are open and we’d love to hear from you!

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Ark Labs

@ArkLabsHQ

4 months

For where we going, we don’t need bankers! ARK brings back commerce to #Bitcoin , beyond simple payments, and further improve it enabling non-custodial micro-loans. Kudos @lendasat great idea!

Lendasat

@lendasat

4 months

1) It's never a good time to sell your #Bitcoin . What if we instantly pay for your invoices, and you pay back later? Introducing LENDASAT, the non-custodial, instant #Bitcoin loan powered by DLC on ARK. Let's explore how it works 👇A THREAD 🧵

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Ark Labs

@ArkLabsHQ

2 months

5/ Big thanks to all our investors for believing in us! Special thanks to @TimDraper , whose early backing of great Bitcoin companies like @OpenNode and @bitrefill not to mention the likes of @SpaceX , inspires us as we work to build the next era of Bitcoin-powered commerce.

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Ark Labs

@ArkLabsHQ

16 days

First off, Lightning adoption continues to hit new highs, even as it stands today. We’ve seen several high-profile integrations in just the past six months, notable examples including leading US exchange @Coinbase and @NuBank , Latin America's largest fintech bank.

Coinbase 🛡️

@coinbase

6 months

Starting today, support for the Lightning Network via @lightspark will begin rolling out. Enjoy instant, low-cost BTC transfers. Learn more:

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Ark Labs

@ArkLabsHQ

5 months

Although covenants on #bitcoin could bring some nice optimizations for Ark rather than wait, we should build the best implementation possible within the design space available on bitcoin now. Ark can already bring bitcoin users a lot of scaling benefits.

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Ark Labs

@ArkLabsHQ

5 months

All that said, we need to emphasize that Ark is not a replacement for Lightning! Lightning is an essential piece of the scaling puzzle. It’s especially suited to enterprise settlements (e.g., exchanges, federations, and ASPs)—Ark simply fills in its gaps for consumer payments.

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Ark Labs

@ArkLabsHQ

4 months

Join our Discord server for developers and advanced users eager to board the Ark! 👉

Join the Ark Labs Discord Server!

Ark Labs is scaling Bitcoin with Ark, a new layer two protocol for fast, low-cost, seamless payments. | 2076 members

discord.com

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Ark Labs

@ArkLabsHQ

21 days

Developers can review and verify the changes directly on the official repo

Release v0.3.0 | VTXO Tree Signing and New Onboarding Process · ark-network/ark

We're pleased to announce the release of Ark v0.3.0. This update introduces several security, efficiency, and functionality improvements, continuing our ongoing efforts to refine and enhance th...

github.com

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Ark Labs

@ArkLabsHQ

16 days

One of Lightning’s biggest pain points has always been managing inbound liquidity. Earlier this year, a surge in fees driven by speculation around the Ordinals metaprotocol exposed the protocol’s vulnerability to the volatility of on-chain transaction costs. Users and operators

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Ark Labs

@ArkLabsHQ

4 months

Listen to @tierotiero chatting with @stephanlivera about Ark and all things #Bitcoin Layer 2

Stephan Livera

@stephanlivera

4 months

Updates on Ark with Tiero SLP584 @tierotiero of @ArkLabsHQ joins me on the show to discuss the latest with Ark. Timestamps: (00:00) - Intro (01:37) - What is Ark? ELI5 version (05:42) - Tradeoffs of scaling payments (07:41) - Interchangeably using LN & Ark under the hood

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Ark Labs

@ArkLabsHQ

5 months

We are on Nostr! npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n

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Ark Labs

@ArkLabsHQ

4 months

🗣️ 🇮🇹 Italian-speaking Bitcoiners! @tierotiero teamed up with @ConzaFrancesco to dive into #Bitcoin , scaling, and Ark. Bellissimo! 🤌🤌🤌

Cultura Bitcoin_S02 E01_Bitcoin Layer 2 - scalabilità e protocollo Ark

Intervista a Marco Argentieri (https://x.com/tierotiero) di Ark Labs (https://arklabs.to/) e (https://x.com/arklabshq) Con mio grande onore e simpatia verso ...

www.youtube.com

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Ark Labs

@ArkLabsHQ

5 months

2/ Smoother unilateral exits: One of the risks of Ark is the potential on-chain congestion if an ASP goes offline and users start redeeming their funds en masse. Covenants enable users to essentially lock in their exit costs in advance, ensuring they don’t get their funds stuck.

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Ark Labs

@ArkLabsHQ

4 months

⌛️

Harsha Goli

@_arshbot

4 months

@MarediaShehzan 1, 2, and 3 are solved if you're a subject matter expert. real problem is creating a lighting-enabled wallet with 1st class on-chain support (unified balance). Hard to get onchain receive to work w/o ginormous fees

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Ark Labs

@ArkLabsHQ

4 months

Steady lads

Uncle Chu

@datchughuy

4 months

The Noah’s ark rebuilt in Kentucky. A thread 🧵

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Ark Labs

@ArkLabsHQ

4 months

Few

Alex B

@bergealex4

4 months

@River You should be able to offer your clients non-custodial BTC brokerage accounts. This could allow any of your user to use Lightning through @River as their payment app while preserving full custody of their coins. @ArkLabsHQ let's you do this :)

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Ark Labs

@ArkLabsHQ

5 months

Ark uses a unique model for #bitcoin transactions—users connect to an Ark Service Provider (ASP) and transact with “virtual” transactions (VTXOs). Unlike Lightning, end users only need a light wallet and all on-chain liquidity management is handled by their ASP.

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Ark Labs

@ArkLabsHQ

5 months

@sethforprivacy Liveness requirement (ie. redeem or refresh your VTXO before shared output expiration) Free floating fee: ie. based on Ark's capacity or the VTXO "age" both are an active area of research, with potential improvements or mitigations.

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Ark Labs

@ArkLabsHQ

4 months

Super valuable talk! Little correction: Ark is not something in "far the future" it is possible TODAY on #bitcoin (with some caveats and tradeoffs)

Christoph Ono

@GBKS

4 months

I re-recorded my talk "Building the right thing" from @BTCPrague dev/hack/day design track. It's really just a series of loose thoughts and questions around scaling and adoption and finding something impactful to work on. Hope it's interesting.

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Ark Labs

@ArkLabsHQ

5 months

5/ “Lighter” light wallets: Covenants reduce storage and bandwidth needs for light clients. This is especially beneficial for users who struggle with data storage, as deterministic recovery enabled by covenants eliminates the risk of losing funds due to lost backups.

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Ark Labs

@ArkLabsHQ

5 months

Big shoutout to the @lightning @Blockstream @acinq_co @spiralbtc LDK teams for all the incredible work they do. We’re looking forward to doing our small part to make the #LightningNetwork even better with some of our upcoming Ark services. Watch this space!

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Ark Labs

@ArkLabsHQ

5 months

Until now, Ark has been a theoretical solution to bitcoin’s scaling issues. But with the launch of Ark Labs, we’re making Ark a reality—we’ve released an open Ark implementation, which you can use to launch your own Ark Service Provider or wallet.

Ark

Ark research and development working group. Ark has 4 repositories available. Follow their code on GitHub.

github.com

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Ark Labs

@ArkLabsHQ

5 months

We’ve already started work on the first Ark-based services. If you’d like to be one of the first to try these out at launch, make sure you subscribe to our newsletter on our website

Ark Labs - Bitcoin Payments That Scale

Ark Labs is scaling Bitcoin with Ark, a new layer two protocol for fast, low-cost, seamless payments.

arklabs.to

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Ark Labs

@ArkLabsHQ

5 months

3/ More efficient usage of capital: Covenants can ease liquidity requirements for the ASP, allowing spent VTXOs to be reclaimed before the shared output expires.

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Ark Labs

@ArkLabsHQ

5 months

Importantly, an Ark VTXO can be redeemed on the #bitcoin mainchain at any time, even if the ASP is offline. This ensures that users have true self-custody of their Ark funds. Onboarding is easier too—users don’t need any bitcoin to open a channel and receive their first payment.

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Ark Labs

@ArkLabsHQ

5 months

New approaches to scaling are needed to supplement the Lightning Network. This is where Ark comes in. Ark, proposed 2023, is a layer two protocol designed to offer speed and scalability without the burdens of liquidity management (for end users, at least!).

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Ark Labs

@ArkLabsHQ

5 months

Transaction fees and delays caused by congestion on #bitcoin ’s mainchain are increasing demand for more scalable payment solutions. Lightning has made significant strides, but UX challenges (like inbound liquidity management) are driving users toward custodial solutions.

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Ark Labs

@ArkLabsHQ

5 months

🇫🇷

bitcoin.fr

@bitcoinpointfr

5 months

Ark Labs a annoncé aujourd'hui la création d'une société dédiée au développement du protocole Ark. @ArkLabsHQ propose une implémentation open source d'Ark et ambitionne de développer des services autour du protocole.

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Ark Labs

@ArkLabsHQ

5 months

Verifying my account on nostr My Public Key: "npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n" Find others at @nostrdirectory #nostr

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Ark Labs

@ArkLabsHQ

5 months

4/ Simpler exit: Covenant proposals that enable MATT, as proposed by @salvatoshi could streamline exits using an optimistic execution environment, simplifying the unroll process for users.

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Ark Labs

@ArkLabsHQ

5 months

Ark’s finally here and we’re excited to pioneer new possibilities with #bitcoin . Whether you're looking to integrate Ark into your app, shape the protocol’s development, or make some of the first Ark payments, get in touch! Full announcement

Introducing Ark Labs: A new venture to bring seamless and scalable payments to bitcoin

Today, we’re proud to unveil Ark Labs, a new company dedicated to building bitcoin layer-two solutions based on the new Ark protocol.

blog.arklabs.to

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Ark Labs

@ArkLabsHQ

2 months

Ark Labs

@ArkLabsHQ

2 months

🔥 Hot off our $2.5M pre-seed raise, we’re offering an exclusive sneak peek at Ark Node—our flagship wallet daemon designed for fast, low-cost Bitcoin transactions over Lightning via an easy-to-use dashboard! 💸⚡️

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Ark Labs

@ArkLabsHQ

5 months

@mattjamesbtc Indeed. You don't need to make that Bitcoin transaction, if you don't own an UTXO like when you get “paid” a VTXO (paycheck, your mom gift, digital sales..)

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Ark Labs

@ArkLabsHQ

2 months

All aboard the Ark!

Tim Draper leads $2.5 mln funding round for crypto startup Ark Labs

Ark Labs, a three-month old startup developing solutions to speed up bitcoin transactions and lower costs, has raised $2.5 million in a pre-seed funding round led by billionaire investor Tim Draper.

www.reuters.com

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Ark Labs

@ArkLabsHQ

4 months

@kyle_fisk_ @ian__major @Jestopher_BTC @DibalikCrypto2 LN channels are perfect solution for inter-ASP settlement and to connect to other layers, as instant settlement between two server is very compelling feature. That being said, it is not required, if users pay each other inside the same Ark.

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Ark Labs

@ArkLabsHQ

4 months

Alex B

@bergealex4

4 months

You know what solves this... Virtual Bitcoin Accounts

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Ark Labs

@ArkLabsHQ

4 months

Ark’s ASPs issue a VTXO upon a #bitcoin deposit. A VTXO is like a check with an expiration. Users make payments to each other by swapping these checks, and they can redeem the check on the blockchain at any time, even if the ASP goes offline or ceases to exist.

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Ark Labs

@ArkLabsHQ

4 months

To ensure the immutability of transactions on Ark, VTXOs are periodically consolidated and settled on the #Bitcoin blockchain. These settlements provide close to the same security guarantees as regular Bitcoin transactions.

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Ark Labs

@ArkLabsHQ

4 months

Ark is a decentralized network of trustless servers called Ark Service Providers. Users can connect to these ASPs with light wallets. Users can seamlessly transact with other users of the same ASP over Ark directly, and transact with users of other ASPs over Lightning Network.

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Ark Labs

@ArkLabsHQ

4 months

Ark works on a UTXO model, similar to #bitcoin . The off-chain “virtual” UTXOs are called VTXOs and settled in rounds. Unlike #bitcoin , there’s no need for confirmations—VTXOs are final after each round.

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Ark Labs

@ArkLabsHQ

4 months

@quentin_ehr Ark is a proposal that complements Lightning, it aims to become the last-mile for end-users, abstracting away the complexity of LN enabling EASY self-custody at scale You can learn more about the protocol and the key concepts on the developer hub

ARK - Bitcoin Layer-Two Protocol | ARK - Bitcoin Layer-Two Protocol

Ark is a layer-two protocol designed to scale Bitcoin transactions with a shared UTXO model for confidential and off-chain payments.

arkdev.info

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Ark Labs

@ArkLabsHQ

11 days

@Jossec101 The Ark Servers only batch virtual transactions and provide UTXO collateral. It’s Lightning swap providers that provide LN connectivity, they use vHTLC to settle on Ark instead on-chain.

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Ark Labs

@ArkLabsHQ

5 months

@NostrIsBetter Each Ark will have his own settlement interval, can be as fast as 1 second if there is constant demand for #Bitcoin payments. There are protocol proposal for instant payments, to delay the settlement inclusion in a shared output, ideally made by the recipient when comes online.

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Ark Labs

@ArkLabsHQ

5 months

@sethforprivacy Thanks for looking into it! We are working on improving the developer portal, and it will always be evolving, so keep an eye on it over the coming weeks.

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Ark Labs

@ArkLabsHQ

5 months

@mattjamesbtc To "board the Ark” you do a Bitcoin transaction to get a VTXO. In rare case of unilateral exit because ASP disappears, to redeem VTXO for BTC, you share tree unroll cost with your neighbors in the path from your leaf down to the root

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Ark Labs

@ArkLabsHQ

2 months

Ark Labs

@ArkLabsHQ

2 months

Want early access? Sign up now for a chance to be among the first 100 chosen to join our closed beta, kicking off in September. 🧑‍🔬Spots are limited, so be quick! ⏰

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Ark Labs

@ArkLabsHQ

4 months

@HollanderAdam Earning fees in capital deployed to an Ark Service Provider, where you control the keys, but locked in shared outputs than bundle VTXOs

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Ark Labs

@ArkLabsHQ

5 months

@tiredfornow You can simulate covenant behavior with pre-signing. It has trade-off in increased bandwidth, storage and interactivity for boarding.

covenant-less Ark | ARK - Bitcoin Layer-Two Protocol

🚧 This page is currently work in progress, and some concepts may not be entirely accurate. We greatly value your feedback and contributions. If you have any suggestions, corrections, or would like...

arkdev.info

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Ark Labs

@ArkLabsHQ

3 months

@BitFloh @BraiinsMining Very soon! Expect some exciting news and updated roadmap in the next two weeks!

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Ark Labs

@ArkLabsHQ

5 months

@FPupusas @setor_bl Thanks! Contribution for better documentation are welcome!

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Ark Labs

@ArkLabsHQ

4 months

@soket3l337 @bergealex4

Key Concepts | ARK - Bitcoin Layer-Two Protocol

- 🕴️ Actors

arkdev.info

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Ark Labs

@ArkLabsHQ

4 months

@matthewjablack @Sovereign_Matt @Boltzhq @Liquid_BTC @callebtc @BitcoinLayers 🚀

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Ark Labs

@ArkLabsHQ

4 months

@JeffIrw63042278

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Ark Labs

@ArkLabsHQ

4 months

Instead of requiring users to manage their own liquidity, Ark offloads that burden entirely to Ark Service Providers. Users simply need to turn up with a mobile wallet, and they can start making #bitcoin transactions right away.

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Ark Labs

@ArkLabsHQ

3 months

@blk014 @NostrIsBetter @sethforprivacy @CrashNeonX It’s fair to mention that for btc payments that are non-custodial, it would cost m more to use the base layer directly and not predictably as other can bid for next block inclusion. It’s similar to purchasing real estate (UTXO) vs renting (VTXO)

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Ark Labs

@ArkLabsHQ

4 months

@WittyTweety1337 No. @SomsenRuben proposed a “shortcut” which is a payment scheme where only the sender and ASP co-sign to spend a VTXO and send it to any offline recipient “out of round”. The recipient, before the VTXO expires, can “claim” this payment joining the round to self transfer

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Ark Labs

@ArkLabsHQ

4 months

@WittyTweety1337 @sethforprivacy Yes navigating to that page without the trailing slash, creates the routing error.

tiero

@tierotiero

5 months

@jonf3n @ArkLabsHQ @sethforprivacy Ah! The issue is in the missing / after "docs" in the URL Try visiting with it and clicking on the Ark vs clArk

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Ark Labs

@ArkLabsHQ

1 month

@arbedout 🔥

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Ark Labs

@ArkLabsHQ

2 months

@niftynei @TimDraper @drapervc @FulgurVentures @allenf32 @sthenc thank you!!!

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Ark Labs

@ArkLabsHQ

4 months

@WittyTweety1337 @SomsenRuben offline receiving is possible without covenants, but they DO greatly improve Ark in many other areas of the protocol, that are worth to be researched and tested out.

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Ark Labs

@ArkLabsHQ

4 months

@GBKS That’s correct. User interfaces are not available yet, and yes some tradeoffs without covenants may hinder consumer/retail use cases, but from a pure R&D perspective there is so much we can do already! Keep an eye, as we release first wallets over the next months

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Ark Labs

@ArkLabsHQ

4 months

@BitcoinOoze @WittyTweety1337 @quentin_ehr The two tradeoffs are liveness requirements and bear cost for unilateral exit. Both are active area of research, like delegation of auto-refreshes and using covenants to use fraud proofs to mitigate the cost.

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Ark Labs

@ArkLabsHQ

4 months

@boyacaxa @vazertuche @nvk You can use SP address to receive in Ark

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Ark Labs

@ArkLabsHQ

4 months

@Lubosbtc 3. In Ark is a bit different, as you can share the cost of the exit with your “neighbor” in the same branch, as he may eat the onchain cost if he's wealthy enough. Congestion control helps, but in particular fraud proofs enabled by covenants.

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Ark Labs

@ArkLabsHQ

5 months

@sethforprivacy Is this the page? Can you point us where is this wrong link?

covenant-less Ark | ARK - Bitcoin Layer-Two Protocol

🚧 This page is currently work in progress, and some concepts may not be entirely accurate. We greatly value your feedback and contributions. If you have any suggestions, corrections, or would like...

arkdev.info

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Ark Labs

@ArkLabsHQ

4 months

@BitcoinOoze @WittyTweety1337 @quentin_ehr For cold storage and savings there is nothing like onchain: you deposit to an address and you done! Very much any scaling solution require user to “do some work” such as coming online once in a while (liveness) Normies look at their banking/fintech app almost every day.

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Ark Labs

@ArkLabsHQ

4 months

@WittyTweety1337 @HollanderAdam Correct, to provide NEW liquidity you have to be online (to agree on new terms). But prev liquidity is “locked” by the script (ASP after 4 weeks) which could be a a key from where you have presigned the sweep transaction.

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