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Topic: ㅤ - page 2. (Read 443 times)

legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
September 24, 2020, 04:51:50 PM
#3
That is why it is very impotant to know that only small amount of bitcoin should be used to open a channel and that we should not leave much amount of bitcoin on a channel. Like electrum wallet, it even warns anyone that want to make use of lightning network on electrum wallet to use small amount of bitcoin and indicated it is still under testing. This has not been the first of the vulnerabilities and this may not be the last yet.

Yep, it's important for anyone using the newer and more experimental features in Lightning to understand the potential risks.  At the moment, I'd probably advise people only use wumbo with people and services they know and/or trust.  Otherwise stick to smaller amounts.

Hopefully they find a solution for this and other attack vectors quickly.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 24, 2020, 04:16:28 PM
#2
This was confirmed to be true. I read about it on cointelegraph. Normally, there are still vulnerabilities in lightning network that have not been known, and some have not been solved. That is why it is very impotant to know that only small amount of bitcoin should be used to open a channel and that we should not leave much amount of bitcoin on a channel. Like electrum wallet, it even warns anyone that want to make use of lightning network on electrum wallet to use small amount of bitcoin and indicated it is still under testing. This has not been the first of the vulnerabilities and this may not be the last yet.

I will prefer the regular channel for now by using only small amount of bitcoin for lighning while wumbo channel will be only when lightning network has been successfully used for years without no vulnerabilities again.
hero member
Activity: 520
Merit: 11957
September 24, 2020, 03:08:07 PM
#1
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