Bitcoin’s Lightning Network Have Security Vulnerabilities That Could Cause Loss Of Funds

By Ankit Mittal on ALTCOIN MAGAZINE

Ankit Mittal
Oct 25 · 2 min read

Security vulnerabilities have been found in “different” Bitcoin Lightning Network extends that can possibly make clients lose their digital money.

Those running Lightning Network hubs have been encouraged to update their customers as quickly as time permits, including those identified with prevalent wallet arrangement Eclair.

At present, careful data is rare, yet the first post shared by means of a Lightning Network mailing rundown guarantees the arrival of “full subtleties” in about a month.

This strategy for exposure isn’t unprecedented. Protection centered altcoin Monero has over and over-discharged subtleties of risky security vulnerabilities in a correspondingly amazed manner.

The general thought is to give the system sufficient opportunity to fix security imperfections while all the while keeping terrible on-screen characters in obscurity, which (ideally) stops the misuse of bugs.

Hard Fork has contacted Rusty Russell, who initially shared the notice, and will refresh this piece with more data should we hear back.

Bitcoin consolidates around $9500


Originally published at http://hubfirms.com.


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The best damn place to read and write about crypto and blockchain.