Australian Software Programmer Warns Public of Lightening Networks Security Issues

Hey Ninjas, how’s the trading going? The largest and most popular cryptocurrency Bitcoin (BTC) is currently reporting 0.34% gains on the day and is currently trading at $9,611 at press time. Altcoins like Ethereum (ETH) and Ripples XRP are also reporting gains on the day. ETH is currently trading at $170 and XRP is trading at $0.25 at press time. 

Rusty Russell, Australian software programmer and Bitcoin lightening network coder took to Twitter on the 30th of August to warn its users that a number of security issues were found in some lightening projects which could cause loss of funds. The lightening network was created to enable near free Bitcoin payments in an instant.

The urged LN nodes operators to update their software as soon as they can, the post also expressed concerns all versions of c-lightning prior to 0.7.1.

Rusty Russell warned users of the lightening security issues in a PGP signed message published on Linux Foundation’s domain and promised to reveal more information in the future.

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