via GIPHY

The developers of the Lightning Network recommend an immediate upgrade to version 0.11 or higher. All node operators of the Lightning Network who are using an LND version from before October 1st are asked to immediately upgrade to version 0.11. The reason for this is that a security hole was found in LND version 0.10, which also affects all versions before that.

The corresponding security hole was communicated on October 9th by Lightning developer Conner Fromknecht. In this regard, he explains:

“Although we have no reason to believe that this vulnerability is already being exploited, we urge the community to immediately update to LND version 0.11 or higher.”

Satoshi himself proposed the first version of payment channels [1]. The Lightning Network paper has zero authors from Blockstream [2]. At least two other entirely independent companies are working on Lightning Network implementations [3][4]. It’s well understood how trustless LN transactions work [5]. The spec [6] and code are open source, feel free to look for a “backdoor”.

[1] https://en.bitcoin.it/wiki/Payment_channels#Nakamoto_high-frequency_transactions

[2] https://lightning.network/lightning-network-paper.pdf

[3] https://github.com/lightningnetwork/lnd

[4] https://github.com/ACINQ/eclair

[5] https://en.bitcoin.it/wiki/Hashed_Timelock_Contracts

[6] https://github.com/lightningnetwork/lightning-rfc

Lightning Network ⚡ Search, Store and Analysis

https://www.moneni.com/lightningprobe

https://bitcoinvisuals.com/lightning

https://lnd3.vanilla.co.za/graphs/index.html

https://blockchaincaffe.org/map/

https://github.com/bcongdon/awesome-lightning-network