Damus
waxwing profile picture
waxwing
@waxwing
Peter ( @Peter Todd ) was 1st on this from what I remember. From around the days of "cypherpunk desert bus" [1]

It explains why we L2. It explains why the otherwise idiotic "build privacy on top of transparency" is not, in fact, idiotic.

https://xcancel.com/peterktodd/status/2062809959138488502#m

[1] He participated in the original zcash trusted setup and blogged about it here: https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony
22❤️6🤙21❤️1👍️1
SatsAndSports · 1w
Exactly Which is why I'm excited by the "Ark as channel factory" idea that René Pickhardt has been pushing Ark doesn't really improve privacy, or settlement speed, compared to L1. It helps a *lot* with scaling though So we build Lightning on top of Ark. Ark is Layer 1.5, and is much more scalabl...