El Flaco

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El Flaco

El Flaco

@_pretyflaco

Bitcoin is but a piece of the puzzle.

not your jurisdiction Katılım Mart 2009
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El Flaco
El Flaco@_pretyflaco·
More bitcoin economies means less fiat economics
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doomsettler 🥪 CTV / LNHANCE 🔥!
"#bitcoin is not for everyone!" is such a retarded self defeating thing to say... bet you think you are so smart when you utter this nonsense.
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El Flaco
El Flaco@_pretyflaco·
@btc_remnant Real cyberhornets calculate mNAV with their BIP-110 signalling node. You need to have Howard Lutnick as a network peer though. It's an exclusive club
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El Flaco
El Flaco@_pretyflaco·
At this point, the best you can do is mute this quacksalber
Adam Back@adam3us

@jonatack yah i should probably modify that, the timing is wrong: he was more of a knots biased (publicly, but privately running Libre Relay btw). and knots had some prior period (before oct 2025) 444/110 precursor arguments. but for "balance" he was critical of mis-steps by knots also.

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El Flaco
El Flaco@_pretyflaco·
I will never understand builders in this space who rather go after users of other bitcoin projects than onboarding new users to bitcoin. What are you doing? There's 8bn people without a bitcoin wallet that need to be onboarded. Go onboard them.
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Giacomo Loathsome Bitcoin Destroyer Zucco
For anyone interested about the truth: Adam Back is absolutely, overtly and veritably lying about me *ever* supporting BIP110, or even being "a fence sitter" about it. I have always strongly, clearly and unequivocally opposed any similar fork proposal since the very earliest suggestions. I have always been, and remain, consistently opposed to: - using consensus rules to tackle specific types of onchain spam, - defensively addressing any kind of "illegal data" moral panic in any possible way (mempool policies included), - enforcing any controversial consensus change (including the ones I agree with, unlike this one) without clear full-ecosystem agreement. It's a bit unfortunate that a very influential voice in the industry is lying about me, since I have a smaller reach to debunk him. Maybe some of you can help me by spreading the correction. Thanks.
Adam Back@adam3us

@giacomozucco @ocean_mining the overlap of that company with the ring-leaders is near 100%, so i'm poking at that. obviously. i assume you are the token "vocal anti 110 insiders" they misleadingly claim in their later post. (and you've been a bit of a fence sitter on and off, though currently against, net)

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El Flaco
El Flaco@_pretyflaco·
@mariodian I don't agree with calling a handful of dev teams building bitcoin only wallets for payments "markets" as if we don't know or greet each other at conferences regularly
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Mario Dian
Mario Dian@mariodian·
@_pretyflaco You're not wrong but also markets will often go for the low hanging fruit first. There's nothing surprising about that.
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Mario Dian
Mario Dian@mariodian·
@_pretyflaco What’s hard to understand? Finding users in an existing niche is infinitely easier than finding them outside it.
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El Flaco
El Flaco@_pretyflaco·
@nopara73 @anon_sats @lopp It's likely they were a honeypot to entrap the most stupid criminals with their xpubs + op to create a chilling effect for bitcoin privacy tech. And it played out perfectly for the feds.
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nopara73
nopara73@nopara73·
Why am I not in prison and Samourai devs are? My understanding is that they are in prison not for building privacy software, but for marketing Samourai as a money laundering tool. Hill pitched Whirlpool on the darknet (Dread, Laundromat) to people to “clean dirty BTC” and “never get caught.” Rodriguez publicly encouraged hackers to “feed” and “send” stolen proceeds into Whirlpool. Their own investor pitch materials identified “Dark Market participants” and “Illicit Activity” as their target market. Hell, they even named the protocol after a washing-machine brand: Whirlpool. I did none of those things.
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El Flaco
El Flaco@_pretyflaco·
@Kruwed Another strawman. Are you implicitly begging to get blocked? I'm hesitant because we met in Riga and shook hands and I appreciate the work you do. It's sad to realize you haven't made even the slightest effort to understand the work I did.
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Kruw
Kruw@Kruwed·
@_pretyflaco "People care when their money is stolen" isn't a bad faith argument, lol.
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El Flaco
El Flaco@_pretyflaco·
@Kruwed Please stop wasting my time with strawmen. I won't engage further if you argue with bad faith.
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El Flaco
El Flaco@_pretyflaco·
@Kruwed Cool story bro, unfortunately it's not only unrelated but also provably wrong as the many bitcoin circular economies using mostly custodial solutions prove that grew the bitcoin payments network across many countries.
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Kruw
Kruw@Kruwed·
@_pretyflaco Onboarding people to custodians makes Bitcoin weaker, not stronger.
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El Flaco
El Flaco@_pretyflaco·
Kevin Hurley@kphur

There's been a round of misinformation about Spark going around, so for the sake of setting the record straight, I'll briefly clear up a few things. For one, unilateral exit has been around since the early days of Spark. Many developers and users have used it. This has been demonstrated many times both here on X and during the process of integration by developers. Unilateral exit also does not require the SOs to be online when a user wishes to exit. When a transaction is received, users can save the unilateral exit information and later use those pre-signed, valid L1 Bitcoin transactions at any time on Bitcoin. There are existing Github issues to expose unilateral exits in a more intuitive way in the SDKs, but unilateral exits themselves have been functional for a very long time. Unilateral exits do require CPFP - this is used to ensure that the expected value for an attacker is negative. The typical user would perform a cooperative exit, which does not require any on-chain funds and is an atomic swap of on-chain funds in exchange for Spark funds. Unilateral exits are generally reserved for a worst-case scenario and can be sponsored by an L1 fund provider if needed. Second, the confusion around "Sparkcore". At Lightspark, we use a monorepo for our server code. This one service is called Sparkcore - the naming of which preceded the creation of Spark. Lightspark runs an SSP within this service. Our Lightning infrastructure uses both LDK and LND - both of which we contribute code towards. Sparkcore itself is not open sourced - that would mean open sourcing our entire server-side stack for every product we have built. The Spark network code, however, has always been open source - and that's the openness that matters, because it's the code that actually enforces the rules of Spark. The SSP is an optional, replaceable convenience role. A recent post claimed that APIs used for other products are part of the SSP. We have many products, and we have never been shy about describing UMA, which allows regulated entities to exchange information to process transactions over Lightning. This is not a Spark product. The SSP does not hold your seed phrase (that should never leave your device), the SSP cannot freeze your funds, and the SSP isn't even a required role to use Spark - it is the interop layer between Lightning and Spark and helps do swaps for exact denominations of leaves. Running an SSP is something we have talked with many partners about. The client chooses which SSP they wish to interact with (if any) - we cannot control if a client talks to a new SSP. Finally, privacy. I've discussed this many times in the past, so won't belabor the point again. Spark allows for transactions to be hidden from external visibility. As I've spoken about at length both here and at various conferences, we care deeply about making sure that there is true privacy, and we aren't satisfied with anything short of that. It's an ongoing effort to continue to further the research in this area. I'll leave it with this. In the network our critics operate, the default payment path is one where the operator colluding with any prior owner can double-spend the current holder - their own docs say so. Receiving over Lightning means trusting that the operator deleted a key - their own docs say so. If you don't come online every 28 days, the operator can take your funds. In their founder's own words: "In theory it could steal it." The automatic re-issuance of expired funds promised in March 2025 still hasn't shipped. Their operator's liquidity costs scale with payment volume, which by their own admission "will translate into user fees." And there is exactly one operator - their own docs tell everyone else: "Do not attempt to run an Ark server in production (yet!)." Spark has three independent operators, exits that don't expire, and no flow where a single operator can take user funds. Users can judge for themselves. Our users and the developers building on top of Spark care about bringing Bitcoin to more people. They value the ease of use and simplicity of Spark. They care that we have 3 independent SOs. They care that we are pushing for more and better functionality. And they value that we spend all of our time thinking about how to make Spark better each and every day. Ok, now back to building because that's what we do at Spark.

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Neil Woodfine
Neil Woodfine@nwoodfine·
It looks like we screwed up with a tweet posted in haste without properly verifying the facts on @spark. @roy_breez and @sethforprivacy have assured us that Spark does not apply chainalysis for Spark users at the on-chain or Lightning level. The misunderstanding came about due to getting wires crossed between Lightspark and Spark products, which operate on the same infra but are distinct systems. We'd appreciate you amplifying this post, to help set the record straight. Everyone on the @secondhq team are passionate bitcoiners, the team leans toward purists and obsess over the details, for better or worse. We went too far here and got things wrong to boot. Late night on a Sunday was also completely unreasonable to post stuff like this. We'll be getting back to regular programming of positive vibes only. Rest assured that the team is heads down making the Bark SDK the best it can be.
Seth For Privacy@sethforprivacy

Of course I did my due diligence before we ever integrated Spark, found the same thing Matthew did below and hit the panic button internally. But unlike him I didn’t take to X to attack competitors and potential integrators, but instead was able to quickly confirm in private that it had nothing to do with Spark (the L2) in any way. Wasn’t difficult at all and was resolved with a few conversations with Spark/Lightspark and others in the space. Lightspark (not Spark) offer custodial services and this is only related to those and isn’t even an ongoing partnership of Lightsparks. I have been EXTREMELY vocal for years now about the tradeoffs with Spark (and both Ark implementations at the same time), and am all for digging into tradeoffs, but this is going far beyond that. Very frustrating that someone I know well and who works for a team I’ve been constantly shouting out, praising, and pushing people towards would stoop to completely fake news to try and win over users. I love the tech that @secondhq have built, but it’s a terrible look to be rampaging with falsehoods for weeks on end and not disclosing or sharing any of their own systems tradeoffs. I’m tempted to dive into the mudslinging and call out the major tradeoffs in Bark, but I’ll leave that off for now unless forced or unless someone reasonable wants to learn more.

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Giacomo Loathsome Bitcoin Destroyer Zucco
I don't see why or where should I "do better". The claim I retweeted is that "the Sparkcore SSP is building a profile on you: it logs every payment you make and the pubkey of every lightning node you pay to. It has a CHAINALYSIS integration inside that registers who you pay and runs RISK SCREENING on your txs with a 3rd party." As far asi I know, that's correct. The claim is used to comment a @cakewallet tweet that states: "Every erosion of privacy starts by calling itself reasonable." The tweet is real, and also pretty based: I like it. I interpreted this juxtaposition as meaning that @matthewvuk2 is mocking the based statement as issued by a company cooperating with the same guys offering the chainanal shit. I find it funny and fair to mock big and hard-to-live-by claims in the privacy vs pragmatism trade-off. I know it first-hand: I work closely whit Bitfinex, which also has to partner up with the very same Chainanal goons (nasty people who put an innocent man in prison using close-source pseudo-scientific made-up bullshit). I didn't see any implication that @cakewallet is directly doing chainanal stuff itself. If @matthewvuk2 was implied this, he would be wrong, but also he should be a bit more explicit. If some people wrongly extrapolated this from the above, they should do better. Hopefully they did, educating themselves more about what Spark does or not. Sorry you had to spend some time in this educational effort. In general, being skeptical an adversarial wrt privacy claims, is healthy. Better to have users questioning this when it's not really needed, than the other way around.
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El Flaco
El Flaco@_pretyflaco·
@notgrubles Here's some truth for you to pursue Let's see how you handle it.
Neil Woodfine@nwoodfine

It looks like we screwed up with a tweet posted in haste without properly verifying the facts on @spark. @roy_breez and @sethforprivacy have assured us that Spark does not apply chainalysis for Spark users at the on-chain or Lightning level. The misunderstanding came about due to getting wires crossed between Lightspark and Spark products, which operate on the same infra but are distinct systems. We'd appreciate you amplifying this post, to help set the record straight. Everyone on the @secondhq team are passionate bitcoiners, the team leans toward purists and obsess over the details, for better or worse. We went too far here and got things wrong to boot. Late night on a Sunday was also completely unreasonable to post stuff like this. We'll be getting back to regular programming of positive vibes only. Rest assured that the team is heads down making the Bark SDK the best it can be.

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grubles
grubles@notgrubles·
This ecosystem is cooked if the pursuit for truth is shunned and mocked.
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Steven Roose
Steven Roose@stevenroose3·
I'm not in this industry to pick fights. We should not have made unverified statements on Spark and especially not have implicated their users or integrators. We'll keep our focus on building and moving the ecosystem forward. We appreciate everyone trying to do the same.
Neil Woodfine@nwoodfine

It looks like we screwed up with a tweet posted in haste without properly verifying the facts on @spark. @roy_breez and @sethforprivacy have assured us that Spark does not apply chainalysis for Spark users at the on-chain or Lightning level. The misunderstanding came about due to getting wires crossed between Lightspark and Spark products, which operate on the same infra but are distinct systems. We'd appreciate you amplifying this post, to help set the record straight. Everyone on the @secondhq team are passionate bitcoiners, the team leans toward purists and obsess over the details, for better or worse. We went too far here and got things wrong to boot. Late night on a Sunday was also completely unreasonable to post stuff like this. We'll be getting back to regular programming of positive vibes only. Rest assured that the team is heads down making the Bark SDK the best it can be.

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