Alex B of Ark Labs explains how Ark can be considered a "UTXO renting service" and how an Ark can superpower everything Bitcoin already does.
Follow our guest: @bergealex4 arklabshq
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Bitcoin Season 2 is brought to you by Botanix!
Botanix Labs is pioneering a new direction for DeFi with the first EVM L2 running on Bitcoin that’s built to be forward secure, decentralized, and share gas fees generated by the network with users.
See the future of DeFi from botanixlabs.xyz
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Chapters:
00:00 - Introduction
01:12 - Overview
08:28 - What is Ark Protocol?
09:30 - Understanding UTXOs
19:04 - Why Ark?
22:33 - Sponsorship: Botanix Labs
23:08 - Revisiting Ark Protocol
24:00 - State of Ark Development
30:01 - Challenges in Building Ark
39:56 - Covenants
45:25 - Consensus and Bitcoin Scaling
