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I wanted to believe in Ark and Spark but you completely changed my mind about them.
Then Evan called Spark a CBDC and I am just beside myself.
I am technical enough that I don’t need spark or ark but it would be nice to have some tech that truly enhances LN and not be a Trojan horse for control.
An important framework to understand for this stuff is that LN as a protocol is emergent of hard limitations, for which there are no solutions, only tradeoffs.
Things claiming to be solutions are inherently lying. Making tradeoffs is fine, but requires honesty, which there is very little of given the nature of capital formation within Bitcoin as an industry.
I don't think I'm so pessimistic about them as all that. But I do think they aren't as self-sovereign as they claim. It would be better if they were up front with users about the trade-offs...but then I have a feeling they wouldn't be as attractive to users. Users don't want trade-offs, they want easy, simple, just works products.
From your comment then:
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.
I would like it if I stopped finding out that you were right so often.
Notice that no one ever corrects me, they just get mad at the truth and try to tone police me
Heard it here first, fake L2s in general are surveillance tools... Honeypots
The communist NGOs pushing these is not a coincidence
#1251383