Tuesday, February 27, 2018

Bitcoin developer warns Lightning Network is flawed and vulnerable to DoS attacks


Bitcoin maximalists have long counted on the Lightning Network and its off-chain transaction solution to fix the network’s increasing scaling issues and exorbitant transfer costs – but it seems this dream might not be as close to reality as the blockchain community wishes. Bitcoin Core developer Peter Todd has taken to Twitter to share his first impressions from playing around with the Lightning testnet and the results are not particularly encouraging, to say the least. Among other things, Todd reported that C-lightning – the Lightning Network implementation written in C – runs into segmentation faults pretty frequently and “when it’s…

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