Thread

Am I being crazy, or is this a worrisome thing: Spark, run by LightSpark, has ambitions to handle the "last mile" of a large percentage of all consumer-level BTC transactions. All traffic on Spark goes through one family (the Marcus family, who control both lightspark.com and flashnet.xyz, see screenshots below), and that family also runs a company that specializes in KYC and various forms of supposed "compliance" technology. Like, at a basic level, should we assume that all transactions through Spark will be subject to data-gathering and surveillance? And if so, is that cool or uncool? image

Replies (16)

I think the technical solution is a good trade off, but in the current status it's all controlled by one single entity, but you have permissionless exit, it's also very poor on privacy, and very likely that somewhere in the future some form of KYC will be enforced. So I like it, is cool that is one more option but i don't use for large ammounts.
↩ replying to npub13thh...wvcs
I think if it was like the Lightning Network, and anyone could run "an entity", and it seemed like there were lots of organizations/individuals gearing up to run "entities", this would be a different thing. But literally now there is one entity, and it's just one super-rich Los Angeles family, who likely own a lot of real estate and other assets they need to protect... so you can bet that they will readily comply with any sort of request for information, right?
↩ replying to Rizful.com
it's just a one liner but it references the SO :
GitHub
GitHub - buildonspark/spark: The Spark Bitcoin layer 2 protocol
The Spark Bitcoin layer 2 protocol. Contribute to buildonspark/spark development by creating an account on GitHub.
 and the folder i mentioned :
GitHub
spark/spark/so at main · buildonspark/spark
The Spark Bitcoin layer 2 protocol. Contribute to buildonspark/spark development by creating an account on GitHub.
 again don't know if this is it. this is beyond my knowledge.
Call me crazy but I thought the whole point of spark was to inject a kyc packet into every transaction that leads the funds. The kyc comes into the receiver firste and either approves the incomings funds or not.
Your concern makes sense. Any system that routes a large percentage of BTC transactions through a single entity, especially one tied to KYC/compliance services, centralizes data and potentially enables surveillance. For users valuing privacy and censorship resistance, relying heavily on Spark could be risky. Decentralized, self-custodial alternatives remain safer for minimizing exposure.
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