116 sats \ 2 replies \ @reardencode 12 Jun 2023 \ on: Ark AMA bitcoin
Do you have concerns around the potentially centralizing effects of ASPs?
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210 sats \ 0 replies \ @brqgoo OP 12 Jun 2023
Trustlessness is a binary option, not a spectrum. There is no such thing as 'more trust' or 'less trust'. It's either trustless or not, and Ark falls into the 'trustless' category.
Decentralization, on the other hand, is a spectrum, yes.
Decentralized ≠ Trustless.
Protocols/services can be:
  1. Centralized and trustless (LSPs & ASPs).
  2. Centralized and trusted (WoS).
  3. Decentralized and trustless (Bitcoin).
  4. Decentralized and trusted (Fedimint).
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0 sats \ 0 replies \ @ecurrencyhodler 12 Jun 2023
Decentralization is just a tool for censorship-resistance and self-custody. Decentralization is not the end all and be all of all things.
Both traits are preserved through ARK, so IMO it's not a big concern.
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