In this era of Bitcoin DeFi some people choose their winners and @MEonBTC chose @spark
WHY?
Spark is a Bitcoin L2 network focused on fast, scalable payments and asset transfers. It is a UX friendly way to build financial apps and launch stablecoins on Bitcoin.
Here are 5 Things to get you started on Sparkโก๏ธ before everyone starts talking about it.
1 โฒ INSTANT PAYMENT : Spark focuses on Speed it enables instant, low fee BTC transfers using state chain design. ( A Layer 2 design for Bitcoin that allows users to transfer ownership of BTC off-chain, without moving the coins or trusting a centralized custodian)
Itโs quite optimized for payments, remittances and token transfers.
It makes sense why Magic Eden wants to support that.
2 โฒ NON CUSTODIAL : Spark uses shared key signing and this means, that your BTC stays in your control, and you can always withdraw to L1 without permission.
3 โฒ SUPPORTS LRC-20 : A token standard used on Spark.
Some of these LRC-20 tokens are already live on Spark and use Bitcoin for finality.
With the first token as @fspk_spark $FSPK
4 โฒ INTEGRATES LIGHTNING : Itโs Interoperable with the Lightning Network.
Which allows users send and receive payments, over Lightning channels without managing liquidity themselves.
This bridges Spark to Bitcoinโs fastest payment layer.
5 โฒ Backed by Goated Team : @lightspark (ex PayPal team) & a16z
Spark is developed by Lightspark, cofounded by @davidmarcus David Marcus.
@kphur @lnpictet and more
Theyโre all pushing Spark toward wallet SDKs, business adoption, and stablecoin payments on Bitcoin.
Now that you know these 5 important things.
Here is a list of those already building on Spark
WALLETS
โช @walletofsatoshi a mobile wallet for Spark on iOS and android.
โช Sparky web browser wallet : by @januszg_
โช @sats_spark web based wallet and launchpad with their first token SATS
โช @satonspark
LAUNCHPAD TRADING AND DEX
โช @firesparkdex
โช@sats_spark launchpad and market coming soon.
QUERY
โช Spark query by @noosuture a tool for checking the amount of sparks token a person is holding.
AI
โช @Aurorai_spark : The first Ai copilot of crypto investing their token Aurora minted out.
โช @inferencegrid : An experimental, permissionless, and decentralized network for AI inference
STABLECOIN
โช @flashnet in partnership with @MEonBTC launching $USDB a fully regulated bitcoin stablecoin issued by @brale_xyz
LRC-20 TOKENS
โช $FSPK @fspk_spark first token trading via OTC
โช $AURORA @Aurorai_spark
โช $SNOW
โช $FIRE @firesparkdex
โช $SATS @sats_spark
COLLECTION
@OrdinalFEP
@honzomomo might be working on something here.
OTHERS BUILDING
โช @TheyaBitcoin is integrating Spark to power instant, lowfee payments inside the most secure self-custody vaults.
โช @Breez_Tech : will also operate as a Spark Service Provider (SSP) alongside Lightspark, helping facilitate payments and supporting the growth of Sparkโs ecosystem.
โช Spark Alpha Group : @SkyAAmen & @BIL_818
โช Documentation and open source wallet
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