Is LND broken? Or was the ridiculously large transaction that unsynched it a direct attack on the LND implementation? Does all of this affect the larger Lightning Network? And what about the bitcoin network? This story starts with all kinds of questions and can’t promise to answer them all. The game is afoot. Something’s going on. It’s hard to determine what, though. And it seems like more will be revealed, like we still don’t have all the data.
Let’s examine what we do have and try to get to the bottom of this. And it all starts with a summary of the story so far.
What’s With LND And These Huge Transactions?
On October 9th, a developer known as Burak announced “I just did a 998-of-999 tapscript multisig, and it only cost $4.90 in transaction fees.” That curious transaction unsynched the Lightning Network, which missed producing one block. The Lightning Labs team, responsible for the…