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It's a Spark thing
It's a fake L2 thing.
Ark, Spark are both centralized exchanges... there's inherently a server, "coordinator", with full insight into everything.
Any ingress/egress via Lightning has 0 privacy because they're executing a swap for you (and taking an exorbitant fee).
They're surveillance tools and using scam narratives for distribution.
We are going backwards. Huge fan of Lightning. But how does this 'help' us?
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102 sats \ 0 replies \ @ca 18 Oct
Lightning has massive onboarding barriers. Let's not kid ourselves.
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How does what help us? Fake L2's? They don't at all, they're self interested in generating swap fees. The virtue signals about helping users are just marketing.
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Not good. Non-custodial isn't that hard to use. Hell I figured it out both on a phone and a node-in-a-box. That's imo what 'we' should focus on. Not this fake L2 stuff...
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Agreed, money is where my mouth is on this, hacking on Lightning.Pub as we speak.
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