No verified real-world attacks have been linked to “replacement cycling attacks' on Lightning network in the past 10 months.
A major vulnerability was identified in the Bitcoin Lightning Network, a second-layer solution aimed at accelerating transaction speeds on the Bitcoin blockchain.
The vulnerability, referred to as “replacement cycling attacks,” could potentially jeopardize the security of funds flowing through the Lightning Network. Although concerning, the flaw has not yet led to any verified real-world attacks. Riard stated that there’s no evidence of such activities over the past 10 months based on observational data. “While neither replacement cycling attacks have been observed or reported in the wild since the last ~10 months or experimented in real-world conditions on bitcoin mainnet,” the report highlighted.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin core developer steps back from Lightning Network over 'hard dilemma'Antoine Riard, a security researcher and developer, has decided to step down from the Lightning Network development team.
Read more »
Bitcoin's Lightning Network Faces Storm as Developer Exits Over Security ConcernsKey Bitcoin (BTC) developer Antoine Riard steps back from Lightning Network amid attack worries
Read more »
Timeout Trees: A Solution To Scaling Lightning Network LSPsJohn Law's Timeout Tree proposal is one of the first concrete designs for a channel factory to address Lightning's scaling limitations.
Read more »
Lightning Network faces criticism from pro-XRP lawyer John DeatonDeaton criticizes the Lightning Network in favor of 'Spend The Bits' on XRPL.
Read more »
Tavares scores in OT as Maple Leafs rally late to beat Lightning 4-3John Tavares scored with 55 seconds left in overtime as the Toronto Maple Leafs rallied from a two-goal third-period deficit to beat the Tampa Bay Lightning 4-3. Tavares scored from in-close off a pass from William Nylander. Matthew Knies had two goals in a span of 2:22 in the third as Toronto tied it at 3.
Read more »
Maple Leafs vs Lightning NHL Box ScoreToronto Maple Leafs vs Tampa Bay Lightning NHL game box score for Oct 21, 2023.
Read more »