THELOGICALINDIAN - The Lightning Network has suffered a additional vulnerability in the amount of one year
Developers accept begin a new vulnerability in the Bitcoin Lightning Network’s bulge software, according to a afresh appear acknowledgment notice.
Few Details Have Been Revealed
Lightning developer Conner Fromknecht disclosed the issue on Oct. 9 on the project’s commitment lists. The acknowledgment advises bulge operators to advancement their software as anon as possible.
It is not bright how austere the vulnerability is. The acknowledgment does not acknowledge how the abeyant accomplishment works, admitting it does advance that the vulnerability has not been exploited “in the wild. Furthermore, the bug has already been fixed: adaptation 0.11 of the Lightning Network software solves the botheration and was appear in backward August, which agency that abounding Lightning bulge operators accept already installed the fix.
However, the aggregation addendum that the vulnerability was apparent in such a way that the acknowledgment action has been shortened. Full capacity about the bug will be appear on Oct. 20.
Lightning Labs additionally says that it will activate a “comprehensive bug compensation program” in the abreast future, acceptation that there will be budgetary rewards for those who ascertain approaching bugs.
Lightning Network Security in Question
The Lightning Arrangement is a still-developing layer-2 acquittal agreement that operates on top of Bitcoin, enabling faster and cheaper affairs on the network.
This is the additional time a vulnerability has been apparent in Lightning’s bulge software. Last year, Bitcoin developer Rusty Russell begin a separate vulnerability that accustomed attackers to abduct funds by sending invalid transactions. Though Lightning Labs never appear how abounding users fell victim to the exploit, the aggregation accepted that the vulnerability was absolutely exploited “in the wild.”
Both of these bugs affair brief programming oversights, not aegis issues that are axiological to the architecture of Lightning itself. Many see Lightning Network as the best able way to acceleration up Bitcoin affairs and abate transaction fees. Major crypto companies like Bitfinex and CoinGate accept adopted the Lightning Network after any credible issues.
On the added hand, Lightning Labs itself has declared that the activity is in its “early stages” and has brash users not to “put added money on Lightning than [they are] accommodating to lose.” As such, it is not bright whether the Lightning Network is absolutely accessible for prime time.
