pull down to refresh

124 sats \ 4 replies \ @ek 2h \ parent \ on: Stacker Saloon

Spark has unilateral exit, unlike custodians

write
compose
51 sats \ 3 replies \ @k00b 2h

How do you get the presigned unilateral exit transactions when you're offline and the federation receives on your behalf?

reply
124 sats \ 2 replies \ @ek 1h

You mean if you use a static deposit address instead of being online and creating a new address + presigned unilateral exit transaction for every deposit?

I guess in that case you need to trust that you will be able to claim your deposit.

I also don't know how unilateral exit works for lightning deposits.

reply
51 sats \ 1 reply \ @k00b 1h

It's all very hand wavy and no one has implemented unilateral exits in prod afaict.

And, if they are reusing addresses and moving your balance/state forward with you offline, unilateral exit relies on them not doing that when they decide to rug/shotgun kyc.

reply
1 sat \ 0 replies \ @ek 1h

Mhh, yeah, a sad state of affairs

reply