Tagged: lightening network

Lightning Network (LN) Security Vulnerability Discovered, Cryptocurrency Users Told to Upgrade Software Immediately

Lightning Network (LN) node operators that may be running LND versions released before the October 1, 2020 version 0.11 update are now being asked to immediately upgrade their software. This, after a potentially serious vulnerability was recently identified in the source code of the protocol…. Read More

Blockstream Launches Fifth and Final Bitcoin Satellite

The stubborn Bitcoin satellite-coverage hole over Asia has been closed. Blockstream, a California-based company dedicated to building out Bitcoin infrastructure, has launched the fifth of five planned satellites sent aloft to allow the world to transmit Bitcoin with or without Internet and/or the permission of… Read More

Twitter and Square CEO Jack Dorsey Says He Hopes Bitcoin Becomes the Internet’s Native Currency

The CEO of Square and Twitter, Jack Dorsey, has seemed to intimidate the importance of an imminently functioning fast settlement layer for Bitcoin if it is to become the Internet’s native currency. Dorsey was interviewed at the Consensus Conference May 16th in New York by… Read More

Lightning Network Enduring Sustained Attack By Friendly Hacker “BitPico”

The Lightning Network meant to help Bitcoin and Litecoin scale to handle more payments has been under sustained DoS (Denial of Service) attack emanating from an friendly anonymous source or sources known as “BitPico.” The attack began March 22, 2018, and BitPico took credit publicly… Read More

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