Developer reveals 'biggest unsolvable Lightning attack vector'
Larger payment channels on Bitcoin’s Lightning network could be exploited according to an independent developer Independent Bitcoin Lightning developer, Joost Jager, has outlined an exploit of the micro-payments network that could result in channels being compromised with very little effort and negligible cost.However, he said he’s hard at work on a possible solution.1/ Lightning is great, but can't say it is battle-tested. If script kids would be interested, they could take down those shiny new 5 BTC #wumbo channels with negligible cost and no effort at all. pic.twitter.com/9PTkxfF042—....
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The DAO debacle continues, after the miner community voted in favor of a protocol soft fork, a new vulnerability introduced by the update has caused the support to the fork to be withdrawn. Geth's 1.4.8 version could allow an attacker to SPAM and effectively freeze the whole Ethereum network. The Ethereum Foundation has introduced a new Geth client version (1.4.9) that rolls back the changes made in the previous soft-fork-enabled software. A security alert was issued by Ethereum Foundation. In the announcement, the developer Felix Lange explained: An attack vector has been identified in....
Researchers from ETH Zurich and the Hebrew University have found how “internet routing attacks” and “malicious Internet Service Providers (ISPs)” can attack the Bitcoin network. In their research paper entitled “Hijacking Bitcoin: Routing Attacks on Cryptocurrencies”, they describe the attacks as well as countermeasures against them. The paper will be....
Bitcoin’s Lightning Network was designed to make Bitcoin transactions faster and cheaper. But according to a recent discovery by a now former Lightning developer Antoine Riard, there’s a major security flaw in the network that puts users’ funds at risk. Taking to a thread on the Linux Foundation’s public mailing list, Riard detailed the new […]
In this episode of “The Van Wirdum Sjorsnado,” the hosts are joined by Lightning developer Joost Jager to discuss Lightning Network routing.