Is Channel Jamming A Threat To Bitcoin’s Lightning Network?
Channel jamming has emerged as a potential attack vector for Bitcoin’s Lightning Network. But does it pose a real threat?(Special thanks to Antoine Riard and Gleb Naumenko, whose recent research is the basis of this article.) Channel jamming is one of the outstanding problems of the Lightning Network in terms of things that could disrupt the success of payments routed across it. It is a widely known problem among developers that has been understood since before the network itself actually went live on mainnet and started processing even a single satoshi. So far the issue has not really had....
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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 […]
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....