Labels
State Channel
Stage
Pre-Testnet
Fundraising
Founded
2023
Native Token
$BTC
Twitter
Explorer
TPS
TVL, BTC
Description - Ark is a second-layer solution designed to help scale Bitcoin transactions by using a shared utxo model that enables anonymous, off-chain payments through an untrusted intermediary called the Ark Service Provider (ASP). ASPs are always-on servers that provide liquidity to the network, similar to how Lightning service providers work.
