Ark Labs, a private company founded in 2024 by Marco Argentieri and Simone Giacomelli, aims to help people use Bitcoin more cheaply, easily, and privately. Their open-source protocol, Ark, is designed to scale Bitcoin by allowing users to amortize the cost of a single on-chain transaction across multiple off-chain swaps.
This reduces the need for liquidity and makes transactions faster and more efficient. Unlike Lightning Network, Ark provides liquidity through its servers, making it more user-friendly for those who don’t want to become experts in running Lightning nodes. Additionally, Ark allows UTXO owners to serve as liquidity providers and earn a small fee, effectively introducing a Bitcoin interest rate.
With plans to launch Sheet Node and partnerships with companies like Boltz, Ark Labs is working to improve the Bitcoin ecosystem and make payments better for everyone.
