Lightning

Lightning Network ‘Helplessly Broken’ Against Quantum Computers, Warns Udi Wertheimer

Lightning Network ‘Helplessly Broken’ Against Quantum Computers, Warns Udi Wertheimer

Lightning Network is structurally vulnerable as its public keys are shared, which makes funds exposed to post-quantum attacks, Wertheimer claimed in his recent post. Crypto analyst and Taproot developer Udi Wertheimer has stated that the Lightning Network is fundamentally vulnerable in a post-quantum scenario and claimed that its design leaves user funds exposed in ways […]

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Bitcoin Lightning App ‘Wallet of Satoshi’ Exits US Market

Bitcoin Lightning App ‘Wallet of Satoshi’ Exits US Market

A prominent Bitcoin Lightning wallet provider – Wallet of Satoshi – announced its decision to remove its app from the US Apple and Google app stores. In a Twitter post addressed to the community, Wallet of Satoshi clarified that it will cease catering to customers in the country. This sparked speculation that the decision might

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Bitcoin Lightning Network Growth Surges by 1,200% in 2 Years

Bitcoin Lightning Network Growth Surges by 1,200% in 2 Years

Bitcoin’s Layer 2 Lightning Network has witnessed a 1,212% growth in just two years. In August 2023, the network recorded approximately 6.6 million routed transactions, a substantial increase compared to the 503,000 transactions observed in August 2021, according to River’s Bitcoin-only exchange data. Surprising Growth Amidst Market Challenges River’s research analyst, Sam Wouters, shed light

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