Create account

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| > When a channel is created, the receiver of the channel was not required to verify the amount of the funding transaction" https://old.reddit.com/r/btc/comments/dae1g0/andreas_brekke
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|n_ive_been_asked_quite_a_bit_why_i/

September 27, 2019: Lightning Network Security Vulnerability Full Disclosure: CVE-2019-12998 / CVE-2019-12999 / CVE-2019-13000 https://lists.linux
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|foundation.org/pipermail/lightning-dev/2019-September/002174.html

September 10, 2019: Lightning Network dev: "We've confirmed instances of the CVE being exploited in the wild. If
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| you’re not on the following versions of either of these implementations then you need to upgrade now to avoid risk of funds loss" https://lists.linuxfoundation.org/pipermail/lightn
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|ing-dev/2019-September/002148.html

August 30, 2019: Lightning Network security alert: Security issues have been found in various lightning projects which could cause loss of funds!
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| https://lists.linuxfoundation.org/pipermail/lightning-dev/2019-August/002130.html

May 29, 2019: "PSA: The Lightning Network is being heavily data mined right now. Opening channels
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| allows anyone to cluster your wallet and associate your keys with your IP address." https://old.reddit.com/r/btc/comments/budmfh/on_twitter_psa_the_lightning_network_is_being/

April
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| 24, 2019: Forget 18 months: it’s now 30-50 years until Lightning Network is ready https://old.reddit.com/r/btc/comments/bh1gzw/forget_18_months_its_now_3050_years_until/

March 29,
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| 2019: Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees https://news.bitcoin.com/analysis-shows-lightning-network-suffers-form-trust-issues-exacer
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|bated-by-rising-fees/

March 4, 2019: Lightning users must be online to make a payment, funds must be locked to use, is a honey pot, completion rate deminishes with high value
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| payments, and more https://medium.com/starkware/when-lightning-starks-a90819be37ba

March 17, 2019: TIL that Lightning Network conceptual design and focus to layer 2 scaling for BTC
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| was introduced in February 2013, over 6 years ago (LN whitepaper released February 2015, 4 years ago) https://old.reddit.com/r/btc/comments/b201kd/til_that_lightning_network_conceptu
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|al_design_and/

February 28, 2019: "Out of the 1,500 orders submitted on the first day [using Lightning Network], only around 10 percent were successful" https://breakermag.com/i-orde
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|red-lightning-pizza-and-lived-to-tell-the-tale/

March 1, 2019: Lightning Network has become a complete train wreck. Oh by the way, it's no longer 18 months but YEARS until it's ready
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| for mass-consumption. https://old.reddit.com/r/btc/comments/aw71q8/lightning_network_has_become_a_complete_train/

February 28, 2019: Decentralized path routing is still an unsolved
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| problem for Lightning Network (currently "source routing" works at this scale) https://old.reddit.com/r/btc/comments/avt6ow/do_people_agree_with_andreas_antonopoulos_that/

February
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| 25, 2019: Lightning Network bank-wallet is "kind of centralized but it has to be this way if you want mass-adoption" https://old.reddit.com/r/btc/comments/aup68s/lightning_network_ba
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|nkwallet_is_kind_of/

February 23, 2019: 5 Things I Learned Getting Rekt on Lightning Network https://old.reddit.com/r/btc/comments/atx8jq/psa_important_video_to_watch_if_you_use_ligh
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|tning/

February 22, 2019: Listen to this great talk on the problems and complexities of using HTLC's on the Lightning Network ⚡️, and possible alternatives. https://old.reddit.co
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|m/r/btc/comments/atmlnp/listen_to_this_great_talk_on_the_problems_and/

February 20, 2019: The current state of Bitcoin companies & dealing with Lightning Network ⚡Highlights: Hard
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| to implement, takes a ton of man hours, with no return on investment. LN adds zero utility. The only reason some companies support it is for marketing reasons. https://old.reddit.com
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|/r/lightningnetwork/comments/asuoyy/the_current_state_of_bitcoin_companies_dealing/

February 20, 2019: Current requirements to run BTC/LN: 2 hard drives + zfs mirrors, need to run a
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| BTC full node, LN full node + satellite, Watchtower and use a VPN service. And BTC fees are expensive, slow, unreliable. https://old.reddit.com/r/btc/comments/aspkj2/current_requirem
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|ents_to_run_btcln_2_hard_drives/

January 17, 2019: 18 Months Away? Latest Lightning Network Study Calls System a 'Small Central Clique' https://news.bitcoin.com/18-months-away-latest
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|-lightning-network-study-calls-system-a-small-central-clique/

March 21, 2018: Lightning Network DDoS Sends 20% of Nodes Down https://www.trustnodes.com/2018/03/21/lightning-network-d
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|dos-sends-20-nodes

October 10, 2018: Watchtowers (third party services) are introduced as a way to monitor your funds when you can't be online 24/7 so they aren't stolen https://medi
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|um.com/@akumaigorodski/watchtower-support-is-coming-to-bitcoin-lightning-wallet-8f969ac206b2

June 25, 2018: Study finds that the probability of routing $200 on LN between any two
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| nodes is 1% https://diar.co/volume-2-issue-25/


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