Ark Labs
ProjectBitcoin Layer 2 payments network
About
Ark is a Bitcoin Layer payments network, aiming to deliver a more simplified user experience while retaining self-custody. Unlike the Lightning Network, users don’t need to manage payment channels or inbound/outbound liquidity to make payments. Users also don’t need to set up their own nodes, only requiring a light wallet on a smartphone to start sending and receiving self- custodial Ark payments, according to the team. Tags: Infra Layer Payment Ecosystem(): Bitcoin Founded:
History
Ark Testnet Launch
Ark Protocol Whitepaper Released
Funding Round
Draper Associates, Ego Death Capital, Axiom
Recent News
Scaling Bitcoin Practically With Ark Labs
Bitcoin L2 project Ark Labs has completed a $2.5 million Pre-Seed funding round, led by Tim Draper and Draper Ventures.
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
