basantagoswami on Nostr: Meh other than Lightspark, people building on Cashu, Ark etc have never lied about ...

Meh other than Lightspark, people building on Cashu, Ark etc have never lied about the design of their systems, everyone has always been very clear about the tradeoffs

Something never taking off doesn't mean getting laughed off, come on now, be serious

Also I never said Spark's only use case is pretending to be lightning, I don't even know what you are referring to

You are just bitter these things are getting more attention than the things you built

You know the real limitations of lightning. You know what a statechain built properly can achieve. Pretending otherwise won't do anything

Lightspark is a shady company, Spark is kinda meh. But the idea itself can be implemented in a way that provides better trust minimization, scalability, privacy, and non cooperative exit than anything other than lightning. And you know very well the limitations of lightning, there simply isn't enough blockspace for everyone

What if it was some other iteration of statechain that was also blinded? Lightspark says they have plans for it, but let's assume it's a entirely new protocol

You get complete privacy from the operators, instant payments, configurable threshold of members in a federation, operators can't steal funds without colluding with previous owner, any previous sender can't steal coins even if they hack the federation if they are honest and deleted their previous key share, uses can always unilaterally exit by broadcasting a couple of txns, atomic swaps between lightning and statechain balance,

Would you be happy with this system? This is just one iteration away from what Spark is today. Or would you call that system names and pretend lightning only somehow solves the problem for everyone?