Thread - Nostr Hypermedia

“Spark operators” help facilitate transfer (by signing the transaction) so that means the user is one of the keys. What happens if the spark operators decide not to sign the transaction? Who maintains the spark ledger? Isn’t that a trust system? If it’s not in a blockchain?

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Replies (2)

Cody cody@jumble.social 3 months ago

Who generates these keys? Could the generator keep a copy for themselves? Where are the keys that belong to the user stored? It seems the user only has 12 mnemonic words, which aren’t the actual keys used for the multisig.

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semisol semisol@nostr.land 3 months ago

And Spark is a proprietary protocol with the company that runs it having exclusive control of who can be a service provider. All while they can monitor all your transactions.

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