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SLP482 Burak - Ark: A new L2 protocol for Bitcoin

Stephan Livera Podcast

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The Difference Between Finality and Settlement

Arc is a protocol with delayed finality, but immediate availability funds are immediately available to you. So in that case, again, because it has immediate availability, you can also pay a lighting anymore with it. Like there's two types of transfers, like just like E-Catch, you can make internal transfers or you can pay lighting invoices. And when you make a lighting invoice with the entire money receiving to a vendor, to a lighting vendor, you can consider it final. All the whole, it's not confirmed. You open the preimage from the vendor. It is a final payment.

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