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204 sats \ 2 replies \ @Scoresby 14h \ parent \ on: Stacker Saloon
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):
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.
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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