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Ethan Marcus

Ethan Marcus

Jun 14, 2026

GwartHOST
7:40
if the user will never care about this and why are we designing for that? So, like, what, what did Spark enable then?
7:45
Yeah, I mean, ju- just a quick note on that.
7:47
I think what we realized is that Lightning as a network cannot be multi-asset, and that, that's, like, one of the big assumptions we made going into this, and it was a very naive assumption, and it's, it's because a lot of people around us made this assumption as well, is that, like, Lightning can scale for multi-asset.
8:05
The reality is that we took years and years and years to make a single asset network work.
8:11
Uh, and it's, like, not even at a hundred percent payment efficiency yet.
8:14
Um, so markets neces- necessitate efficiency.
8:18
You can't have, like, a trade not go through because you have, you know, poor inbound or outbound liquidity and you have to wait for a block to replenish it.

8 MINS LATER

GwartHOST
16:09
Like where, where do you see this kind of playing out? Where do you see just like, I don't know, maybe like ownership of real Bitcoin going forward looking?

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