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Researchers Say New Lightning Network Attack Could Create ‘Chaos’

Published 06/29/2020, 05:38 PM
Updated 06/30/2020, 06:00 PM
Researchers Say New Lightning Network Attack Could Create ‘Chaos’

Researchers Say New Lightning Network Attack Could Create ‘Chaos’

A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system.

According to the “Flood & Loot: A Systemic Attack On The Lightning Network” paper, Jona Harris and Aviv Zohar from the Hebrew University in Israel evaluated a systemic attack on the Lightning Network that allows for the theft of BTC funds that were locked in payment channels.

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