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102 sats \ 3 replies \ @ek 14h \ parent \ on: Stacker Saloon
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oh cool! It's interesting to see a little bit about their decision. From what @moneyball said in his talk at bitcoin++ (05:25:04):
When I inquired, it's not a technology limitation but actually an intentional policy decision by their NC...uh...I can't steelman the argument. They feel like it's disingenuous to users to not publish it because of the risk of a Spark Operator potentially publishing it
It sounds like the reasoning is that in a world where there are many Spark Operators, users are vulnerable to this privacy leak if the operators choose to reveal the data or if they have a leak. So rather than have people lulled into a false sense of security, Spark chose to make it clear that your address is trackable.
It seems like this would have been okay if there had been a lot more communication about this as one of the trade-offs of using Spark.
It is still the case that Breez has access to all users spark addresses.
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mark my words: in 2026 all "spark operators" will be declared as "money transmitters" and will have to KYC all their losers.
spark is the new coinbase business model
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fwiw, there's a proposal for blind statechain transfers
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