Their design is built around scale centralization, it's shit design no matter what their incentives.
> Statechains never took off
That is being laughed off the stage.
Lightning is.
> Until spark cane along
And Spark is laughable, so by your own admission statechains only use-case is pretending to be lightning.
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Meh other than Lightspark, people building on Cashu, Ark etc have never lied about the design of their systems, everyone has always been very clear about the tradeoffs
Something never taking off doesn't mean getting laughed off, come on now, be serious
Also I never said Spark's only use case is pretending to be lightning, I don't even know what you are referring to
You are just bitter these things are getting more attention than the things you built
You know the real limitations of lightning. You know what a statechain built properly can achieve. Pretending otherwise won't do anything
Lightspark is a shady company, Spark is kinda meh. But the idea itself can be implemented in a way that provides better trust minimization, scalability, privacy, and non cooperative exit than anything other than lightning. And you know very well the limitations of lightning, there simply isn't enough blockspace for everyone
What if it was some other iteration of statechain that was also blinded? Lightspark says they have plans for it, but let's assume it's a entirely new protocol
You get complete privacy from the operators, instant payments, configurable threshold of members in a federation, operators can't steal funds without colluding with previous owner, any previous sender can't steal coins even if they hack the federation if they are honest and deleted their previous key share, uses can always unilaterally exit by broadcasting a couple of txns, atomic swaps between lightning and statechain balance,
Would you be happy with this system? This is just one iteration away from what Spark is today. Or would you call that system names and pretend lightning only somehow solves the problem for everyone?
Got countless receipts of Ark lying on Twitter, Spark bills itself as non-custodial... Lies. Cashu is privacy larp, privacy implies anonymity set, therefore at scale centralization.
Specifically addressed lightning first mover advantage. Since statechains were there, and went nowhere, it proves lightning isn't a success because it was first.
You're only here on nostr because of things I built. My design with gun and lightning is nostr's prehistory.
Pub/Wallet is a recent sidequest, because lightning tooling sucks too much for me to continue on lightning video.
Lightning doesn't have limitations beyond the physics of the chain, statechains don't fix those, centralizing trust is not an option, statechains are cryptobrained nonsense. There's no such thing as a federation either, it's all a central point of failure, you're brainwashed by crypto marketing material.
Unilateral exit is a hoax, if users could afford it they could just open a channel, these systems appeal to users with dust.
Nothing changes the physics of the chain, only lightning embraces that reality. If you think you can improve upon it without trust and centralization you're delulu and should go work for an ETH company.