Bitcoin's Lightning Network Faces Storm as Developer Exits Over Security Concerns

Deutschland Nachrichten Nachrichten

Bitcoin's Lightning Network Faces Storm as Developer Exits Over Security Concerns
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Key Bitcoin (BTC) developer Antoine Riard steps back from Lightning Network amid attack worries

has made a shocking announcement, revealing his departure from Lightning Network's development due to alarming security concerns. Riard's decision was prompted by his discovery of a new category of replacement cycling attacks that he believes pose a significant threat to Lightning Network's stability.Riard, after conducting thorough tests, confirmed the network's vulnerability and stressed the need for a fundamental solution.

This departure has sent ripples of concern throughout the crypto community, highlighting the pressing need for a robust solution to safeguard , a critical component of Bitcoin's ecosystem. It also underscores the challenges developers face in ensuring the security and reliability of decentralized systems.

He expressed the gravity of the situation, emphasizing that implementing such significant changes requires complete transparency and consensus within the community.development, uncertainties arise about the future of Bitcoin's second-layer scalability options. The departure of such a key developer shifts the focus to the wider community, urging them to unite and tackle the security challenges posed to Lightning Network.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Utoday_en /  🏆 295. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bitcoin core developer steps back from Lightning Network over 'hard dilemma'Bitcoin core developer steps back from Lightning Network over 'hard dilemma'Antoine Riard, a security researcher and developer, has decided to step down from the Lightning Network development team.
Weiterlesen »

Lightning Network faces criticism from pro-XRP lawyer John DeatonLightning Network faces criticism from pro-XRP lawyer John DeatonDeaton criticizes the Lightning Network in favor of 'Spend The Bits' on XRPL.
Weiterlesen »

Bitfinex's Ardoino expects 'quantum leap' in Bitcoin scaling solution adoptionBitfinex's Ardoino expects 'quantum leap' in Bitcoin scaling solution adoptionPaolo Ardoino expects a 'quantum leap' in Bitcoin scaling solution adoption over the next few years, including the Lightning Network.
Weiterlesen »

As Musk Puts The Brakes On Cybertruck, Rivian R1T Could Benefit But Ford F150 Lightning StrugglesAs Musk Puts The Brakes On Cybertruck, Rivian R1T Could Benefit But Ford F150 Lightning StrugglesI was a founding member of CNET news and hardware editor at CNET, a contributing technology reporter for the New York Times, and a reporter and editor at the Asian Wall Street Journal Weekly -- the latter in Japan, where I lived for ten years.
Weiterlesen »

Tavares scores in OT as Maple Leafs rally late to beat Lightning 4-3Tavares scores in OT as Maple Leafs rally late to beat Lightning 4-3John Tavares scored with 55 seconds left in overtime as the Toronto Maple Leafs rallied from a two-goal third-period deficit to beat the Tampa Bay Lightning 4-3. Tavares scored from in-close off a pass from William Nylander. Matthew Knies had two goals in a span of 2:22 in the third as Toronto tied it at 3.
Weiterlesen »

Maple Leafs vs Lightning Odds, Picks, and Predictions Tonight: Toronto's Offense Wakes UpMaple Leafs vs Lightning Odds, Picks, and Predictions Tonight: Toronto's Offense Wakes UpNHL odds, picks, and predictions for the Toronto Maple Leafs at Tampa Bay Lightning on October 21. NHL betting best bet and free pick analysis.
Weiterlesen »



Render Time: 2025-02-26 13:11:15