hello on Nostr: While the Lightning Network⚡️ enhances #Bitcoin scalability, it's not without ...
While the Lightning Network⚡️ enhances #Bitcoin scalability, it's not without risks.
Key vulnerabilities include:
Channel Closure Attacks: Malicious actors can try to close channels using outdated states.
Routing Centralization: Over-reliance on a few nodes can create central points of failure.
Liquidity Issues: Insufficient funds in channels may cause transaction delays.
Software Bugs: Potential for vulnerabilities in the software.
Stay vigilant! Use reputable wallets, enable watchtowers, and keep your software updated. #LightningNetwork 🌩️🔐
Key vulnerabilities include:
Channel Closure Attacks: Malicious actors can try to close channels using outdated states.
Routing Centralization: Over-reliance on a few nodes can create central points of failure.
Liquidity Issues: Insufficient funds in channels may cause transaction delays.
Software Bugs: Potential for vulnerabilities in the software.
Stay vigilant! Use reputable wallets, enable watchtowers, and keep your software updated. #LightningNetwork 🌩️🔐