If you have to ask anyone besides Bitcoin for your Bitcoin back, it's wrapped. Today, we're introducing unilateral exit to Spark: any user can now withdraw their funds back to Bitcoin without needing permission from anyone, even if Spark shuts down.Scaling Bitcoin comes with tradeoffs. You have to make tough calls. Chief among them: should the system prioritize UX or absolute trustlessness?When Kevin (CTO & inventor of Spark) first sketched out Spark, one feature was non-negotiable: unilateral exit. Simply put, unilateral exit lets any user withdraw their Bitcoin back to L1 at any time without needing permission from Spark, an operator, or anyone else. It's straightforward, yet essential: if everything else fails, your Bitcoin stays yours.Today, unilateral exit is officially live on Spark.
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154 sats \ 4 replies \ @DarthCoin 31 Jul
Lightspark is a trap. Stay away from it!
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0 sats \ 3 replies \ @0xbitcoiner OP 31 Jul
I'm totally out of the loop. Just wanna hear what people think about this new feature. Is it still a custody service?
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21 sats \ 2 replies \ @DarthCoin 31 Jul
Learn more about who is behind this trojan horse Lightspark and what are their goals
https://unlimitedhangout.com/2024/10/investigative-series/the-chain-of-command-how-facebooks-libra-bank-regulators-and-paypal-built-a-new-world-currency/
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0 sats \ 1 reply \ @anon 31 Jul
So will the new wallet of satoshi require users to get kyc? Not sure about that
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0 sats \ 0 replies \ @DarthCoin 31 Jul
the KYC hammer is over them
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