schizoposters are everywhere, great job @p0stc4p0n3
Blockspace Media
NEW GWART POD:
OP_Cat, Bitcoin MEV, and Scaling Bitcoin With Post Capone
Welcome back to The Gwart Show! Today, Bitcoiner Post Capone joins us to talk about the risks of OP_CAT activation, MEV extraction concerns on Bitcoin, how increased expressivity could lead to mining centralization, the promise of scaling solutions like Arc and Spark, and why constrained covenants like CTV might be a better path forward than unlimited expressivity.
Timestamps:
00:00 Start
00:27 Who is Post Capone?
03:05 OP_CAT
07:11 Erosion of MEV
11:29 Expressivity of OP_CAT
20:56 Execution on L2
23:33 Elipsis Labs
24:33 OP_CAT vs CTV
28:20 What should be on Bitcoin?
35:32 Stablecoin Maxi
38:42 Programmatic lending contracts
40:30 Ark
44:14 BitVM
47:02 Scaling solution adoption
50:07
54:12 Rollups
3.48K
13
Blockspace Media
NEW GWART POD:
OP_Cat, Bitcoin MEV, and Scaling Bitcoin With Post Capone
Welcome back to The Gwart Show! Today, Bitcoiner Post Capone joins us to talk about the risks of OP_CAT activation, MEV extraction concerns on Bitcoin, how increased expressivity could lead to mining centralization, the promise of scaling solutions like Arc and Spark, and why constrained covenants like CTV might be a better path forward than unlimited expressivity.
Timestamps:
00:00 Start
00:27 Who is Post Capone?
03:05 OP_CAT
07:11 Erosion of MEV
11:29 Expressivity of OP_CAT
20:56 Execution on L2
23:33 Elipsis Labs
24:33 OP_CAT vs CTV
28:20 What should be on Bitcoin?
35:32 Stablecoin Maxi
38:42 Programmatic lending contracts
40:30 Ark
44:14 BitVM
47:02 Scaling solution adoption
50:07
54:12 Rollups
11.14K
17
Paul Sztorc
LN still a giant failure
Paul Sztorc
Considering the ***hundreds of millions*** of USD that has gone in,
The ***monopoly of attention*** that LN gets,
10+ years of developer attention
The result is just pure junk, with minuscule 4,000 coins. Meanwhile wrapped ethereum has 100,000+
LN is doomed because it doesn't pay fees to miners -- it will either result in (1) vertical integration with miners, or (2) conflict with miners. In the case of (1), the htlcs and security model make no sense, and in the case of (2) the LN will be obliterated by 51% attack.
The smartest LN devs have already jumped ship to ARK.
LN is just a developer make-work project, it cannot scale Bitcoin to 8 billion users.
By all signs, it is a huge malinvestment and waste of time.
7.44K
29
DaPangDun
#BTC #ARK
The Ark Protocol @ArkLabsHQ has recently been updated with new progress, which is one of the off-chain protocols I pay attention to, many people may not know this protocol, I will make a brief introduction:
1. Ark is a protocol that uses the off-chain model to scale BTC
2. In the development of the Lightning Network, there are "channel capacity problems" and "scalability problems", etc., which cannot be solved in a short time, and Ark is another set of solutions envisaged on this basis
3. Since it is an off-chain solution, there must be a "on-chain and off-chain" module
▪️ On-chain, it leverages the concepts of "pre-signing" and "shared UTXO" to enable the ability to lock up funds and exit unilaterally, which is partly similar to @buildonspark
▪️ Off-chain, it has designed a virtual UTXO (VTXO) concept to replicate the model of a traditional UTXO
▪️ In terms of off-chain scalability, it uses script primitives to achieve more functions and achieve its goal of positioning "making BTC programmable".
4. In order to improve this problem, they introduced TEE to execute the operator to reduce trust dependence (this kind of trust is not the same as the trust of multi-signature, the operator cannot control the user's funds)
5. In terms of asset expansion, in its latest paper, it theoretically supports TA and most of its assets, but it has not yet been implemented
6. Because it is an off-chain expansion method, Ark and the Lightning Network can be partially combined, which can also be perceived from the fact that its asset protocol supports TA
Finally, a little bit about the background of the Ark protocol:
1. This protocol has attracted the attention of many OG and BTC developers, such as linus, peter todd, Giacomo, and Adam Back
2. Seed round of 2.5M, led by Tim Draper and Draper Ventures
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The second half of the 🫡 year is really getting more and more exciting
Arkade
Today, Bitcoin is the world's most secure monetary network, but its asset remains static.
We believe Bitcoin was designed to be programmable money. For 15 years, that vision remained out-of-reach.
It's time to unlock it. Meet Arkade, Bitcoin's virtual execution layer 👇
The current price of ark is $0.0021669. Over the last 24 hours, ark has decreased by -0.32%. It currently has a circulating supply of 1,000,000,000 Ark and a maximum supply of 1,000,000,000 Ark, giving it a fully diluted market cap of $2.17M. The ark/USD price is updated in real-time.
5m
+0.00%
1h
+0.00%
4h
+0.00%
24h
-0.32%
About Ark (Ark)
Ark (Ark) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Ark (Ark)?
As a decentralized currency, free from government or financial institution control, Ark is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Ark involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Ark (Ark) prices and information here on OKX today.
How to buy and store Ark?
To buy and store Ark, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying Ark, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 11K new posts about Ark, driven by 6.3K contributors, and total online engagement reached 16M social interactions. The sentiment score for Ark currently stands at 73%. Compared to all cryptocurrencies, post volume for Ark currently ranks at 329. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Ark.
Powered by LunarCrush
Posts
10,875
Contributors
6,260
Interactions
15,691,202
Sentiment
73%
Volume rank
#329
X
Posts
1,657
Interactions
2,180,158
Sentiment
43%
Ark FAQ
What’s the current price of Ark?
The current price of 1 Ark is $0.0021669, experiencing a -0.32% change in the past 24 hours.
Can I buy Ark on OKX?
No, currently Ark is unavailable on OKX. To stay updated on when Ark becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of Ark fluctuate?
The price of Ark fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Ark worth today?
Currently, one Ark is worth $0.0021669. For answers and insight into Ark's price action, you're in the right place. Explore the latest Ark charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Ark, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ark have been created as well.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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