Updates on Ark with Tiero SLP584
Description
Tiero of Ark Labs joins me on the show to discuss the latest with Ark. We get into:
How Ark has changed since initial proposal
clARK - covenant-less ARK
Trade offs to make clARK happen
Which covenants would help vs what is ideal for Ark
Ark on Liquid
Capital requirements and costs
Fiatcoins
Nostr
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
(10:52 ) - Updates on Ark
(13:57 ) - What are out-of-round payments?
(17:48 ) - Trade Offs of out-of-round payments
(19:45 ) - The fee structure in Ark
(21:39 ) - Sponsors
(24:15 ) - Who runs the ASPs?
(28:55 ) - ‘Congestion control’ with Ark
(33:06 ) - The role of covenants with Ark
(39:44 ) - Ark on Liquid
(41:20 ) - Sponsors
(43:49 ) - The ideal covenant & its impact on Ark
(48:00 ) - Thoughts on extreme conservatism on Bitcoin
(52:55 ) - Way forward with Ark Labs
(56:18 ) - Opportunities & threats of stablecoins on Ark?
(1:02:39 ) - NIP46 & building Nostr Connect
(1:06:40 ) - Summary & closing thoughts
Links:
https://twitter.com/tierotiero
https://arklabs.to/
Sponsors:
Swan.com (code LIVERA)
CoinKite.com (code LIVERA)
Stephan Livera links:
Follow me on X: @stephanlivera