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cover of episode Updates on Ark with Tiero SLP584

Updates on Ark with Tiero SLP584

2024/6/18
logo of podcast Stephan Livera Podcast

Stephan Livera Podcast

Shownotes Transcript

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)

- Mempool.space)

- Nomadcapitalist.com/apply)

Stephan Livera links:

- Follow me on X: @stephanlivera)

- Subscribe to the podcast)

- Subscribe to Substack)