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utxo the webmaster 🧑💻
1d ago
Spark is better described as federated than non custodial, but it's not pure custodial in the sense that just one provider can rug you, it would take collusion from multiple parties, which is possible but lower odds than a single custodian
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Replies (9)
Enki
1d ago
Lol. I need to read the spec for Spark. Sounds like it's kind of similar to Fedimint?
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utxo the webmaster 🧑💻
1d ago
If liquid and fedimint had a baby it would be called spark
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Enki
1d ago
Aaaahhhhh ok. I hope it doesn't take the shitty parts from both fedimint and liquid And then thats spark.
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OceanSlim
1d ago
It's a lot more possible on spark than liquid.
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utxo the webmaster 🧑💻
1d ago
Yes but liquid is a blonkchain and blonkchains are dumb for payments
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Daedalus
1d ago
I call it semi-custodial. Lightning really is all just varying degrees of custody. Even running your own node has some trust in the channel peer.
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ThatWhichisNotSeen
1d ago
sounds non-custodial curious
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Vic
1d ago
Now we need a comparison to - Liquid - Fedimint
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utxo the webmaster 🧑💻
1d ago
Just imagine they made a baby together, it would be spark
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