Ark Labs unveils public beta of Arkade, introducing a new layer 2 solution for Bitcoin

On October 21st, Ark Labs introduced the public beta of Arkade, a significant development for Bitcoin since the Lightning Network. The solution utilizes virtual transaction outputs without requiring changes to Bitcoin’s consensus.

Ark Labs aims to enhance Arkade with advanced scripting tools and support for diverse financial applications, alongside the launch of Arkade Assets, which accommodates various asset types including stablecoins.

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