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Merge pull request #69 from JeremyRubin/add-arkv2
Add ArkV2 and Clique
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--- | ||
title: "Ark V2" | ||
date: 2024-06-10T10:45:58-07:00 | ||
author: "Burak" | ||
--- | ||
> Ark v2 enables Ark Service Providers (ASPs) to reclaim their liquidity | ||
> without having to wait for the expiration period (4 weeks) to elapse. It | ||
> almost sounds too good to be true, ha? | ||
Continue Reading on [Medium](https://brqgoo.medium.com/introducing-ark-v2-2e7ab378e87b). |
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title: "Bitcoin Clique" | ||
date: 2024-06-10T10:45:58-07:00 | ||
author: "Siavash Riahi, Orfeas Stefanos Thyfronitis Litos" | ||
--- | ||
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Blockchains suffer from scalability limitations, both in terms of latency and | ||
throughput. Various approaches to alleviate this have been proposed, most | ||
prominent of which are payment and state channels, sidechains, commit-chains, | ||
rollups, and sharding. This work puts forth a novel commit-chain protocol, | ||
Bitcoin Clique. It is the first trustless commit-chain that is compatible with | ||
all major blockchains, including (an upcoming version of) Bitcoin. | ||
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Clique enables a pool of users to pay each other off-chain, i.e., without | ||
interacting with the blockchain, thus sidestepping its bottlenecks. A user can | ||
directly send its coins to any other user in the Clique: In contrast to payment | ||
channels, its funds are not tied to a specific counterparty, avoiding the need | ||
for multi-hop payments. An untrusted operator facilitates payments by | ||
verifiably recording them. | ||
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Furthermore, we define and construct a novel primitive, Two-Shot Adaptor | ||
Signatures, which is needed for Bitcoin Clique while being of independent | ||
interest. This primitive extends the functionality of normal Adaptor Signatures | ||
by allowing the extraction of the witness only after two signatures are | ||
published on the blockchain. | ||
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Continue Reading: [https://eprint.iacr.org/2024/025](https://eprint.iacr.org/2024/025) |