supposedly the end user has enough data on their own that they can publish to L1 and retrieve their funds out of spark or ark, even if the service provider shuts off. this is what the documentation indicates, but I don't see it implemented in a client yet.
Discussion
So the user can be like "I no longer want to work with LightSpark", and they can take their toys and go home, right? And then there would need to be an independent client, not controlled by LightSpark, that doesn't make network connections to any domains controlled by the Marcus family, and you could use that client to do the exit, right? That does sound fairly good. It doesn't deal with the "LightSpark can track all my transactions and might give them all to some government on request" -- but as long as LightSpark front ends disclose this prominently -- that Spark transactions aren't private -- then that's not really a dealbreaker for most users.
yes exactly. it has a combination of affordances and caveats that may be very appealing to some people as compared with other solutions. I'm sure lots of people will like it
just read the documentation first
It's just unfortunate that the company that is offering this service is the company that, six months ago, was marketing itself as a "compliance solution for Lightning". It should give anyone pause who is interested in the privacy characteristics of the Lightning network......