3. Just a little longer than half a year ago I stated that Unless both Ark implementations fumble the ball, Spark is going to eat everyone's lunch. and today we are seeing that Spark has gotten a big headstart by becoming the defacto Lightning backend to many self-custody wallets, how do you guys think you will be able to reclaim the room taken by it? In the end the main reason why is has been implemented is because it simply works and it is very simply to implement in a wallet, what's your response as a product?

While Spark did have a head start, we see that they are focussing a lot on stablecoin payments and other tokenization things where security trade-offs are inherent to the currency used.

We don't think the Spark model fits the bitcoin ethos particularly well. When you run a Spark-based wallet today, you still get in big trouble if the Spark entity disappears and can get totally rugged if the entity is actively malicious.

Bark is built with the bitcoin ethos as our central guidance. Our client is user-first, with protections against malicious servers built into every interaction. When an Ark server disappears or becomes malicious, Bark users will be fine and have their funds properly exited onchain.

In the end, this is what bitcoiners expect from a bitcoin wallet.