Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development team, citing security issues and fundamental challenges to the Bitcoin ecosystem.
According to a thread on the Linux Foundation’s public mailing list, Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks puts Lightning in a “perilous position.“
I trust Cardano over others. There's a lot of positives about Cardano the deeper you dive into the technicals on how it works. I encourage you to not just hear it from me but take a look yourself.
Cardano is a cool science project, but it isn't a commodity like Bitcoin and Bitcoin Cash, it's a centralized security with a known creator, a Proof of Stake (piece of shit when it comes to currency utilization, Satoshi used PoW for a reason to solve a very important problem), and funded by a foundation that takes money from the very people Bitcoin was created to deplatform. We the people were to rally around Bitcoin and use it, and in time force the governments and their ilk to play by our rules, not us play by theirs.
Bitcoin Cash (and Monero you could argue) is the only coin that is attempting to carry on Satoshi's design, sharing the genesis block and all other blocks prior to the fork in 2017. Kaspa seems to be the new sweetness around in regards to peer-to-peer currency but I've heard that before with RaiBlocks/NANO so time will tell whether Kaspa develops into an actual contender or not.
(Oct-2023) Bitcoin core developer steps back from Lightning Network over ‘hard dilemma’ https://cointelegraph.com/news/bitcoin-core-developer-antoine-riard-steps-back-lightning-network-dilemma
Bitcoin Core Dev exposes Lightning Network flaw, departs project - "All your mempool are belong to us" https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-October/022032.html
How does a lightning replacement cycling attack work? https://x.com/mononautical/status/1715736832950825224
Github - List of Lightning Network technical issues, bugs, flaws, and exploits. https://github.com/davidshares/Lightning-Network
@BoringSleuth shows that members of the Ethereum Foundation were involved in orchestrating The DAO hack through on-chain addresses. https://twitter.com/BoringSleuth/status/1715215682898469287
I trust Cardano over others. There's a lot of positives about Cardano the deeper you dive into the technicals on how it works. I encourage you to not just hear it from me but take a look yourself.
Cardano is a cool science project, but it isn't a commodity like Bitcoin and Bitcoin Cash, it's a centralized security with a known creator, a Proof of Stake (piece of shit when it comes to currency utilization, Satoshi used PoW for a reason to solve a very important problem), and funded by a foundation that takes money from the very people Bitcoin was created to deplatform. We the people were to rally around Bitcoin and use it, and in time force the governments and their ilk to play by our rules, not us play by theirs.
Bitcoin Cash (and Monero you could argue) is the only coin that is attempting to carry on Satoshi's design, sharing the genesis block and all other blocks prior to the fork in 2017. Kaspa seems to be the new sweetness around in regards to peer-to-peer currency but I've heard that before with RaiBlocks/NANO so time will tell whether Kaspa develops into an actual contender or not.
I got tangled in the web of ADA and Dan larimer’s EOS proof of stake. Held on for way too long. Now ETH has gone to PoS as well