Fixed a major issue in the Lightning Network developed for Bitcoin.
A vulnerability in the Lightning Network was discovered after Bitmatrix founder Burak Keçeli conducted an unusually large transaction.
Lightning Network nodes (nodes) cannot support this transaction using multi-signature because the size of the transaction is much higher than normal.
According to the Lightning Labs team, due to this process, nodes in the network cannot synchronize with each other. However, no material loss occurred during this process.
Lightning Network nodes reject the block on which the transaction was made immediately after the transaction was completed. Nodes also do not accept blocks after this block.
Felt knew his actions would cause such problems before he acted. However, he prefers to take action rather than notify developers of vulnerabilities in the network.
Source of information: Compiled from KOINBULTENI by 0x Information.The copyright belongs to the author and may not be reproduced without permission