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Showing posts with the label software

Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev

Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks. Developers working on the Bitcoin layer 2 Lightning Network have become less security -oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer. Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called “replacement cycling,” which exploiters could potentially use to steal funds by targeting payment channels. How does a lightning replacement cycling attack work? There's a lot of discussion about this newly discovered vulnerability on the mailing lists, but the actual mechanism is a bit hard to follow. So here's an illustrated primer... 1/n pic.twitter.com/mvvS8bEc5f — mononaut (@mononautical) Octobe...

Elon Musk to resign as Twitter CEO and will run software and server teams

Elon Musk ’s $44 billion Twitter takeover is certainly a highlight of 2022. Ever since Musk took over the reins of the social media giant, there has been quite some chaos. From mass layoffs to monetizing the platform, netizens expressed concerns. Over the last couple of days, discussions about finding a new CEO for Twitter took the front stage. A whopping 17,502,391 Twitter users decided the fate of Musk’s role as the platform’s CEO. Musk carried out a recent poll asking netizens if he had to step down as the head of Twitter . 57.5 percent of the participants were inclined towards finding a new CEO. The other 42.5 percent were happy to use the platform under Musk’s leadership. Since he vowed to abide by the results of the poll, the social media giant will soon see the arrival of a new CEO. Earlier today, Musk confirmed the same through a tweet. The Tesla CEO said that he will be resigning right after he finds someone “foolish enough” to take o...