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185 sats \ 3 replies \ @k00b 12h \ parent \ on: Stacker Saloon
I'm open to exploring it and even defaulting stackers to it (if they don't attach a wallet) so long as we call it what it is, whatever it is.
I'm afraid to use Spark though because I get the impression they will not hesitate to shotgun kyc people if they need to. Without Spark, it'd probably be nontrivial to add lightning support to a statechain we run ourselves though.
The most pressing question I have is how offline receives are handled if they are handled at all. They probably have enough cracked cryptographers to make zaplocker not a liquidity locker, but idk.
They probably have enough cracked cryptographers to make zaplocker not a liquidity locker, but idk.
I wonder if that's possible somehow. Maybe with a weird script representing the channel? Otherwise Spark would need to generate the hash of
something they don't know, yet reveal something only when they've paid the wallet (which is offline and can't interact to reveal anything).Maybe hedghog channels could be a solution.
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Spark explains here how to receive offline via lightning:
Seems like the main idea is that the receiver has to create shards of the preimage and distribute them to the group of Spark operators in advance. Then the receiver can go offline and still receive on lightning.
But regarding:
All operations here are atomic under the same 1/n or minority/n trust assumptions, as the operators must work together to recreate the preimage.
In our case, it would be just us, and we're always colluding with ourselves, so maybe it couldn't be considered atomic anymore?
So I think this whole idea of using a statechain like Spark does completely falls apart when it's all run by the same entity (as is currently still also the case with Spark).
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Ah, so they’re leaning on the federation to make receives less custodialish.
This is beginning to sound a bit like a fedimint in terms of the regulatory approach. I have a hard time believing that a federation obfuscates custodianship enough that regulators won’t crush them.
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