Posted 10/22/2023, 2:18:57 PM
Lightning Network Developer Resigns After Discovering Critical Vulnerability in Bitcoin's Scaling Solution
- Key Lightning Network developer Antoine Riard resigned after finding a critical vulnerability
- The vulnerability allowed replacement cycling attacks to siphon funds by exploiting mempool inconsistencies
- Riard said comprehensive changes were needed to enhance transparency and security
- Bitcoin Lightning Network adoption has soared recently with over 5,000 BTC locked and millions of monthly transactions
- A pro-XRP lawyer questioned Lightning Network's superiority and promoted an alternative XRP protocol