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So bottom line what we're saying is that spark negates lightning privacy benefits - but we already knew that it wasn't comparable, right?

171 sats \ 1 reply \ @k00b 8 Oct 2025

We knew it wasn't comparable to noncustodial lightning, but I assumed that Spark customers would retain the privacy of a custodial service. That is, I thought Spark would know about balances and transactions - not anyone curious enough to look. This is akin to Coinbase giving each customer a bitcoin address and forcing reuse.

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This is akin to Coinbase giving each customer a bitcoin address and forcing reuse.

Nice analogy, actually.

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