- Bitcoin developer Antoine Riard exits Lightning Network over security concerns.
- Riard highlights the threat of replacement cycling attacks and the need for a base-layer fix.
- He emphasizes the importance of community buy-in and plans to refocus on Bitcoin Core development.
In a surprising turn of events, a prominent software engineer in the Bitcoin transaction scaling system Lightning Network has proclaimed his departure from the ecosystem following certain security threats to users.
Specifically, Bitcoin developer Antoine Riard declared in a statement on Friday that he is halting his involvement with the Bitcoin Lightning Network. Riard noted he would cease coordinating security issues at the protocol level and had already communicated his intention with senior engineers at Lightning Network.
Furthermore, Riard explained that his decision to part ways with Lightning Network was driven by concerns regarding a novel class of replacement cycling attacks that he believes have placed the ecosystem in a precarious position.
According to him, the replacement cycling attacks can be resolved only with a sustainable fix requiring a change to the underlying Bitco…
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