Blockchain

Lightning Network Released Urgent Fix After Users Reported Vulnerability

One user exploited a Bitcoin consensus bug that affected the connection between Lightning Network nodes. The network’s developers have released a fix for this bug and this error has been fixed.

According to Coindesk, on November 1, a user with Twitter account Burak caused a stir in Lightning Labs when he allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels.

This immediately causes the running of Bitcoin-deployed Bitcoin nodes called btcd to suddenly stop generating new blocks of transactions and all corresponding Lightning Network Daemon (LND) nodes to fail.

Bitcoin Core-based Core Lightning (CLN) nodes are not affected. The vulnerability exploited by Burak was subsequently fixed by Elle Mouton and Oliver Gugger.

Lightning Labs, the developer of Lightning Network, has released an emergency fix version lnd v0.15.4-Beta, asking first node operators to update their nodes to the latest version as soon as possible.

Burak’s actions have sparked discussions in the Bitcoin community, and they worry about how similar mining operations should be handled in the future.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Foxy

CoinCu News

Victor

Recent Posts

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

2 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

5 hours ago

Step into BlockDAG’s Presale Frenzy This November: Secure a Massive 100% Bonus with BDAG100!

November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…

7 hours ago

OpenSea New Version Will Be Launched In December

OpenSea new version is scheduled to launch in December, with an improved user experience, improved…

7 hours ago

This website uses cookies.