Onchain Bitcoin is public, and Lightning Channels are public, but, like, you can't collect analytics on which IP address submitted a Bitcoin transaction, or a paid a Lightning invoice. That data is simply not recorded.
But, as far as I understand it, every Spark transaction begins with a TCP/IP request to a centralized server, and that server can record user activity, and not only that, but it's being recorded by a big, regulated financial services company. Like Paypal, Coinbase, whatever.
It's not decentralized, like Nostr is decentralized, or Lightning, or Bitcoin.
Maybe that's fine, it's just that, this will be a risk if a huge number of wallets use it as a back-end, and those wallets position themselves as somehow safe to use from a privacy standpoint. Maybe that won't happen and I'm overthinking this.
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I don’t want to participate in a bitcoin panopticon that’s just as bad (or worse) than the fiat one.
> you can't collect analytics on which IP address submitted a Bitcoin transaction
in many (most?) cases that’s obviously not true
>it’s not decentralized
yes, that’s the entire point. that’s how it’s able to offer better self custodial UX
> this will be a risk if a huge number of wallets use it as a back-end
I agree it’s a disaster if all mainstream wallets just use Spark on the backend. Or Arkade. We need a multitude of service providers and options.