Beautiful name

Are there assets in ark? Can they be transferred between ASPs?

That’s exciting news Bitcoin keeps evolving beyond just being a store of value. As a forex trader, I’m always watching how these developments impact global liquidity and currency dynamics. Arkade sounds like a big step toward making Bitcoin more functional and scalable in real use cases I’ll definitely check it out

Nice. We setup a wallet and then what?

Is this using nostr keys? 🤯

Is there a way to collaborate / contact support, without installing (and paying for) a proprietary messaging app?

All this app did is make my lightning sats disappear when I send it. Tried with multiple lighting apps. This is alpha software at best.

Pls explain to me / ELI5 in a few bullets what are some things this does?

Who are 'Arkade'? I think I have a reasonable understanding of the tech (vUTXOs, 'rounds', ASPs), but I curious about the community around it. Is Arkade a community of FOSS people, or a commercial profit-making entity? I couldn't find any of that info on the wallet I'm really excited to use Ark(ade), and also to find out more about who is driving this and how this can drive more free and open source software

Arkade is the server operated by Ark Labs. It is a commercial venture. All of our coe is FOSS.

You can find a primer here

Technical Primer - Build on Arkade

Core Concepts Powering The Arkade Execution Layer

Thanks for the quick update! When you say "server" I guess you mean Ark Service Provider? And multiple other servers can be setup, by a variety of individuals and organizations, using that open source software? If Alice is connected to server X and Bob is connected to server Y, then I assume/hope there is a way for Alice to pay Bob easily? Maybe something like the following: - Bob's wallet asks Y to generate a Lightning invoice, where paying that invoice will lead to an increase of Bob's Ark balance within Y. - Alice's wallet asks X to decrease their balance in X, and to pay that invoice (I get that 'balance' isn't the perfect word, it's all about (v)UTXOs, but I'm just trying to simplify) And so Ark and Bob, despite being on different Ark servers, can seamlessly pay each other. Lightning is used by the ASPs to pay each other. The only risk might be that either of the servers might be missing the relevant Lightning balances and liquidity to be able to facilitate the payment. If that's correct, then it's very exciting to see this system - and the code - out there. In this kind of open model, I wish everybody - commercial and otherwise - success 😀 (I guess the smaller ASPs might even form a Ark with each other, where a big ASP acts as their "meta ASP")

Servers should be run by professional entities and there is little incentive to have too many small servers. Indeed, every user can use Lightning to interact with one another but Ark operates best in a hub and spoke model (just as Lightning nowadays really).

I don't want a single server dominating, and that important for lots of reasons I'm not saying I expect a billions of servers to appear, but - if Ark eventually succeeds in onboarding a billion users - then I don't want it to be dominated by just a dozen servers. I'd like to see many thousands of servers in that scenario

1000s of servers might be overkill but sure a single one is probably not ideal either. There will be a sweet spot.

Is it a bug that you cannot send max amount if you pay inside ark? Error: "Failed to send bitcoin: Error: Insufficient funds" Also after sending some amount inside ark the "change" is not listed in coin control (virtual coins). It's also not listed in "Notes"🤷‍♂️

What size (amounts) were you sending?

Around 360 sats in total (one single transaction). It consists of ~340 sats of ”virtual coins" (listed in settings) and ~20 sats (”subdust”?; nowhere listed in settings).

I see, yeah we are fixing this. Wallet should be updated in a day or two.

Not sure how I missed this! View quoted note →

Non-starter for me. I need more background on what the app is up to.