Thanks for your response. I have some issues:
"If a user is currently on custodial wallet of Satoshi, privacy sucks as is."
I'm not sure about this. Currently, yes, WOS can see their client's transactions, but they don't publicly publish the transactions, which they will now start doing (who thinks this is OK !!?!?), now that they are switching to LigthSpark's API.
Furthermore -- given that LightSpark is literally a company focused on "compliance" for lightning, and is publicly associated with a country with a terrible human rights record -- is there any reasonable person who would rather share their network data (IP address, etc) with LightSpark instead of WOS?
"The move to the self custody mode in the same app doesn't improve it, but will give more control of the funds. "
I think you are being taken in by marketing that LightSpark and @Breez ⚡️ are doing. Their marketing is misleading.
Spark, as currently provided by LightSpark, is an API. It's controlled by one company. Nobody else offers the API and nobody else can offer the API until the point that LightSpark might decide to let other entities offer the API -- see the GitHub issue here:
In order to touch your funds, you have to use LightSpark's API -- there is no other way. When LightSpark say that it is "self custody", what they mean is "we are prepared to make an argument to our regulator that the user actually has custody, not us"... it has almost NOTHING in common with real self-custody, like you would have with Alby Hub, or a hardware wallet, or running your own node.
It's just not self-custody. If LightSpark's API goes down, everyone's funds are gone.... actually, this happened with @Blitz Wallet just a couple weeks ago -- LightSpark's API went offline, and @Blitz Wallet completely shut down until LightSpark brought it back up again. Check X posts about this.
I think responsible influencers should explain to their audience that the term self-custody as used by LigthtSpark and @Breez ⚡️ -- is a MARKETING term. It has almost no relation to real "self-custody."
GitHub
No clear way to run an SSP without a business relationship with LightSpark? · Issue #64 · buildonspark/spark
This project seems to be gaining momentum and there are community concerns that both SSPs (lightspark, flashnet) are controlled by the same family....