oliver on Nostr: #Spark is a new payment solution with the goal to mitigate shortcomings of Lightning. ...

#Spark is a new payment solution with the goal to mitigate shortcomings of Lightning. Curious about your thoughts on this:

“Spark is a Bitcoin L2 that enables instant, dirt-cheap, and unlimited self-custodial transactions of bitcoin and tokens while also enabling users to send and receive natively via Lightning. It's open-sourced and secured by Bitcoin.

Spark Diagram
Spark is purpose-built for payments, and as such enables the following:

Native BTC
Full self-custody
Instant settlement
Extremely low fees
Native tokens (e.g. stablecoins)
Native Lightning interface without needing to run a Lightning node
Ability to scale to billions of users
1/n trust assumptions (or minority/n) with the risk only at the time of transfer, not in perpetuity
Unconditional unilateral exits
Capital efficiency (no pre-funding, liquidity lockups, etc.)
Exists without the need for a new Bitcoin OPcode or any Bitcoin changes (although improves when they're available)
What Spark is not:

100% trustless on day one
A new Bitcoin L2 launching a token”

https://www.spark.info/