Bitcoin’s layer-2 scaling solution Lightning Network faces backlash amid growing concerns about the newly discovered flaw.
Blockchain developer and security researcher Antoine Riard announced his departure from the development team of the Lightning Network, and voiced concerns about security breaches that could put the network in a “very perilous position.”
According to a disclosure on the Linux Foundation, Riard noted “a new class of replacement cycling attack” that can result in a “hard dilemma” for the Lightning Network.
Bitcoin Was Never Perfect
Replacement cycling attack is a multi-step attack used to steal funds from users who are routing payments through the Lightning Network. Whatever the kind of attach, any vulnerability will be exploited by hackers.
This has the potential to become a “blood in the water” situation.
The vulnerability can sustainably be addressed in a base layer with methods…
