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Ark Whiteboard Masterclass with Burak & Robin

Sam Parker
79 subscribers
3.6K views 2 years ago STANFORD UNIVERSITY
An impromptu whiteboard session about the mechanics, benefits, and tradeoffs of Ark, an entirely new kind of L2 protocol for Bitcoin. The session is held by Burak, the creator of Ark, and Robin Linus, founder of ZeroSync and expert Ark educator. CHAPTER TIMESTAMPS BELOW. Chapters: 00:00:00 Intro 00:01:20 Burak's Issues with Lightning 00:05:29 Ark is VERY Different 00:09:27 Liquidity limitations of Lighting visualized 00:18:10 What Ark can bring to Lightning 00:22:10 High-level sketch of how Ark works 00:33:49 How Ark transactions are made Atomic 00:53:39 Interactive Protocol, step by step 00:57:17 Permissioned Peg-in, Permissionless Peg-out 01:02:39 Are Bank-like things on Bitcoin a good thing? 01:04:33 Federation-owned ASPs 01:09:09 Downside #1 - Liveness requirement 01:17:23 Downside #2 - On-chain footprint 01:22:39 Coinjoin privacy 01:46:28 Pro / Con summary 01:47:56 On-chain spend out logistics 01:50:16 How should we use Ark? 01:54:26 Li …...more
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Ark Whiteboard Masterclass with Burak & Robin
130Likes
3,643Views
2023Jun 7
An impromptu whiteboard session about the mechanics, benefits, and tradeoffs of Ark, an entirely new kind of L2 protocol for Bitcoin. The session is held by Burak, the creator of Ark, and Robin Linus, founder of ZeroSync and expert Ark educator. CHAPTER TIMESTAMPS BELOW. Chapters: 00:00:00 Intro 00:01:20 Burak's Issues with Lightning 00:05:29 Ark is VERY Different 00:09:27 Liquidity limitations of Lighting visualized 00:18:10 What Ark can bring to Lightning 00:22:10 High-level sketch of how Ark works 00:33:49 How Ark transactions are made Atomic 00:53:39 Interactive Protocol, step by step 00:57:17 Permissioned Peg-in, Permissionless Peg-out 01:02:39 Are Bank-like things on Bitcoin a good thing? 01:04:33 Federation-owned ASPs 01:09:09 Downside #1 - Liveness requirement 01:17:23 Downside #2 - On-chain footprint 01:22:39 Coinjoin privacy 01:46:28 Pro / Con summary 01:47:56 On-chain spend out logistics 01:50:16 How should we use Ark? 01:54:26 Liveness requirement revisited 02:02:32 Implementation roadmap Burak - @brqgoo Robin - @robin_linus Sam - @zkchesterton Ark - arkpill(dot)me Ruben Somsen's Ark chart mentioned by Robin - gist(dot)github(dot)com/RubenSomsen/a394beb1dea9e47e981216768e007454 Recorded from a live call held on June 6, 2023.

Follow along using the transcript.

Sam Parker

79 subscribers