Solving For Jamming Attacks On The Lightning Network
Jamming attacks on Bitcoin's Lightning Network, akin to DDoS attacks, haven't been carried out yet. But mitigation is needed.The below is a direct excerpt of Marty's Bent Issue #1106: "Jamming attacks on the Lightning Network and proposed solutions." Sign up for the newsletter here. via BitMEX Research Our good friend Gleb Naumenko dropped an incredible post today dissecting jamming attacks on the Lightning Network and a slew of proposed solutions from a number of developers working on the second layer protocol. A Jamming 101 explanation is described above, but to reiterate, it is akin to....
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The Lightning Network is the reason Bitcoin will be legal tender in El Salvador. The main chain couldn’t serve a whole country without a fast and reliable payment channel built on top of it. It’s as simple as that. However, is the Lightning Network invulnerable to attacks? Is its architecture as bulletproof as Bitcoin’s main […]
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The Lightning Network is one of the most bullish developments that the Bitcoin ecosystem has seen so far. And all the available metrics point up, a healthy and vibrant network is brewing. However, investor Kevin Rooke took a deeper look and found out that the Lightning Network is probably even bigger than previously thought. “Inaccurate comparisons and privacy preserving features make it hard to truly understand how big the Lightning Network is.” Related Reading | Bitcoin Lightning Network Reaches Record Capacity What does Rooke mean by that? Let’s find out. The Lightning Network By....