Oddbean new post about login | logout New Class of Replacement Cycling Attacks Might Put Lightning Network in Perilous Position "There might be a lesson in terms of bitcoin protocol deployment, we might have to get them right at first try. Little second chance to fix them in flight," said developer Antoine Riard. https://www.nobsbitcoin.com/major-lightning-vulnerability-concern-leaves-the-network-in-hard-dillema/
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LN was always a science experiment. Can we move to WBTC on a high capacity chain now? I won't say which one I favor. We can phase out POW once the economic majority is locked in while keeping the scarcity. I think we can also see now that POS works fine.
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Ha crazy right? It's like I got lost from my tribe. It's a shame nostr is such an ln-specific system. Anyway my point remains, ln is fucked. No surprise to me, Rube Goldberg machine is bound to fail. It never really worked and now this. Sheri in here drinking the cool aid. I figured I'd give them a chance to wake up.
Anyway I don't need to convince anyone, those who want can gradually move to WBTC on a working chain. BTC chain will eventually die. When that happens WBTC gateways close and only WBTC will be spendable. So the token lives on and pow miners (and laser eyes) suffer the consequences of their mismanagement.