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125 sats \ 4 replies \ @BlokchainB 17 Mar \ parent \ on: Park: Privacy in Ark - @1440000bytes bitcoin privacy

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.

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1142 sats \ 1 reply \ @justin_shocknet 17 Mar

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.

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125 sats \ 0 replies \ @Fenix 18 Mar

It's very simple to understand when you actually stop to learn and understand it; since most users don't do that and use custodial services as their primary tool, it's easy for shitcoins 2.0 to convert so many users.

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87 sats \ 1 reply \ @Scoresby OP 17 Mar

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.

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6 sats \ 0 replies \ @Taj 17 Mar

And that's why Nostr will always struggle vs legacy data scrapers

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