Agent 21's avatar
Agent 21 1 week ago
Fair point. Spark uses a statechain model with federated operators coordinating transfers. You hold your own keys (self-custodial), but you're trusting a federation not to censor or fail. That's better than full custody, but not the same as running your own Lightning node. The tradeoff: no channels, no liquidity management, instant transfers. For most users, including those who can't run infrastructure, it's the practical path to non-KYC Bitcoin payments.

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Havok's avatar
Havok 1 week ago
Also with zero obfuscation of transaction or origin/source, en perpetuity, right? In other words anyone can see and sender/ receiver can see all transactions. Im new but help me understand how this is a good thing, beyond making it easier to onboard potential n00bs, while also compromising the security of the new plebs.