Rusty Russell

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Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

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The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the … Read more

Lightning and Mainnet: A Look at the Protocol’s Hype, Trials, and Error

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Over the past few weeks, there’s been a lot of hyped up discussion about the Lightning Network (LN) from those who believe it will help scale the bitcoin core (BTC) protocol. The Lightning Network topic has now moved from BTC testnet experimentation to trialing LN over the currency’s mainnet using real BTC. LN development and … Read more