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npub1t52y...cp89
npub1t52y...cp89
Cashu eCash is bringing back true digital cash—private, bearer-based with instant transactions and built on Bitcoin & Lightning. I’m really excited about what has been achieved so far and this whole exploration in general. In my latest post, I dive into what could happen if this system scales: competing mints, exchange rates, and even a Bitcoin-native credit market. No bailouts, just market forces at play. Some of my takes might be controversial in the Bitcoin community, but these are conversations worth having. Read it here: #Bitcoin #Cashu #eCash #Lightning #Nostr
Finally, I was able to write down my thoughts on #Ark (npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n), a Layer 2 protocol aiming to tackle #Bitcoin’s scalability and privacy challenges. 🚀 🔗 Check out my full analysis: Ark moves most transactions off-chain, reducing fees, boosting privacy, and easing network congestion. While server coordination is required, users retain full control of their funds. It’s a clever and efficient approach built entirely within Bitcoin’s ecosystem. That said, Ark is not without challenges. Its reliance on servers introduces risks, from operational trust to DoS attacks. Server operators must also grapple with high liquidity demands and potential regulatory scrutiny, which could complicate widespread adoption. It takes an interesting approach to Bitcoin’s scalability and privacy limitations. The protocol is evolving quickly, and I’m curious to see how it develops over the next six months to a year. Will it overcome its challenges and gain traction? This has sparked my interest in exploring the broader landscape of Bitcoin Layer 2 solutions. I plan to dive deeper into them and share my thoughts in the future What do you think about Ark?