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I wouldn't call it pathetic. I'd say it makes sense considering how young the federation is. I pointed it out because you were using that list to imply buy-in/decentralization/trustlessness.
I'm interested in trying to figure out wtf is going on ... which is hard to do when the definition of "self-custody" is extended to encompass things like:
- ecash
- a tiny federation where you must trust one member ... with practically infeasible unilateral exit promises[1]
- bitcoin wrapping assets
context is me trying to implement recovery snapshots when receiving payments (customer and their mnemonic are offline ... yet I somehow need to auth as the customer to create a snapshot else lose ability to recover) ↩
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I know it's quasi-FUD, because I'm sure more operators will come online, but David's son is the founder/CEO of Flashnet.
Bitcoiners have a high bar. When we say something is off, it doesn't equate to condemnation. It just means something is off. In this case, Spark is getting very close to abusing bitcoin/lightning's halo and unless there's some acknowledgement of that, bitcoiners will expect it's just-the-tip of the iceberg.