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Innovating Bitcoin Scalability with ARK
This chapter explores the innovative management of Lightning channels through virtual UTXOs and a swap service, highlighting Bolts' role in enhancing liquidity and reducing transaction costs. It introduces the concept of ARK as a buffering layer for improved scalability and discusses the implications of unidirectional payment channels on Bitcoin's infrastructure and user experience. The conversation emphasizes the importance of versatile solutions that bridge various applications within the Bitcoin ecosystem, while addressing challenges like liquidity fragmentation and complex routing.