A major bug in the Lightning Network has been resolved

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

Related Posts

Gemini to lay off 10% of staff

Neither the author, Tim Fries, nor this website, The Tokenist, is providing financial advice. Please review our Site Policies before making financial decisions. The Winklevoss Twins cryptocurrency exchange is preparing to lay off some of its staff after facing issues related to…
Read More

IMF Doesn’t Want to Rule Out Blanket Crypto Ban

Few institutions have as much impact on the world as the International Monetary Fund (IMF). You may not see that effect, but it’s there. The institute has long had a mild aversion to cryptocurrencies. This opinion has not changed. IMF helps cryptocurrency…
Read More