Ark Labs Launches Bitcoin-native Layer 2 Arkade Public Beta
BlockBeats News, October 21st, according to The Block, after two years of development, Ark Labs, supported by investors such as Draper Associates, Axiom, and Fulgur Ventures, officially launched the native Layer 2 Arkade on Bitcoin for public testing.
Arkade is based on the Ark Protocol specification proposed in 2023, and its launch marks the first mainnet implementation of this concept. Arkade virtualizes Bitcoin transaction layers through Virtual Transaction Outputs (VTXOs) — VTXOs are off-chain representations of Bitcoin's native Unspent Transaction Outputs (UTXOs). Arkade operates without modifying Bitcoin's consensus rules, fully realizing it within the existing security framework.
You may also like
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
