Honestly, I can't wrap my head around how Arch really functions, no matter how hard I try. But I'm super optimistic that soon enough, some developers will create a safe and reliable foundation for Bitcoin DeFi. There's way too much unused capital in Bitcoin to just overlook that chance.
This cycle feels like it’s gonna be the Bitcoin Renaissance Cycle.
Looking at this part of the documentation, it's not efficient in terms of TX size.
It have same problem of Ordinal where you need to create 2 TX, where 1st TX create new Taproot address (which have condition to reveal the arbitrary data) and 2nd TX include the arbitrary data.
You teach me, thanks. I posted the topic because it's one of those being built on Bitcoin that doesn't use Ethereum's virtual machine. Their developers say that with Arch, it's easier to build a protocol with smart contracts on top of Bitcoin because it's UTXO based. I'm not that sure what they meant because if it was easy, would it have been built a long time ago? Or was there simply no motivation to build it?