From: "Mr. Lee Chiffre" <lee.chiffre@secmail.pro>
To: lightning-dev@lists.linuxfoundation.org
Cc: bitcoin-dev@lists.linuxfoundation.org
Subject: [bitcoin-dev] Lightning - Is HTLC vulnerable? And mention of Channel Factories
Date: Mon, 13 Jul 2020 19:58:10 -0700 [thread overview]
Message-ID: <6443d6fb7ba06151b8a4ff4914761471.squirrel@giyzk7o6dcunb2ry.onion> (raw)
In-Reply-To: <f0372f8eec5878fd919b654db76aeff7.squirrel@giyzk7o6dcunb2ry.onion>
Sorry. Re-sending with correction to CC bitcoin-dev
I am sorry if this was already brought up in previous threads. If I know
lightning network correctly then HTLC is used to enforce settlements on
blockchain if there is a dispute. Could a person lose money if their HTLC
does not get confirmed in the timeframe or if an older HTLC gets
confirmed first? I see different ways this could happen.
One, if the blockchain is very saturated with other transactions. The
reason we need lightning network is why it might have troubles with
settlements? Two, competition from a different conflicting HTLC. A newer
HTLC might not get confirmed before an older HTL. Three, denial of service
the lightning router so they never have a chance to send a settlement
HTLC.
I found out about a recent attack technique that sounds like it might be
similar called "flood and loot".
Is this a concern on lightning network? I humbly say that I do not fully
understand all of lightning network yet. I am working to grasp the idea.
These are questions I look to find answer for. Another question I have. I
did read the paper Scalable Funding of Bitcoin Micropayment Channel
Networks. Would channel factories be better and eliminate my concern?
I am sending this to lightning-dev mailing list. I do not see
lightning-dev emails because google recaptcha blocks me from the
subscribe. Please CC me if you reply so I can read it.
--
lee.chiffre@secmail.pro
PGP 97F0C3AE985A191DA0556BCAA82529E2025BDE35
next parent reply other threads:[~2020-07-14 2:58 UTC|newest]
Thread overview: 3+ messages / expand[flat|nested] mbox.gz Atom feed top
[not found] <f0372f8eec5878fd919b654db76aeff7.squirrel@giyzk7o6dcunb2ry.onion>
2020-07-14 2:58 ` Mr. Lee Chiffre [this message]
2020-07-14 14:42 ` [bitcoin-dev] Lightning - Is HTLC vulnerable? And mention of Channel Factories ZmnSCPxj
2020-07-15 15:23 ` Jochen Hoenicke
Reply instructions:
You may reply publicly to this message via plain-text email
using any one of the following methods:
* Save the following mbox file, import it into your mail client,
and reply-to-all from there: mbox
Avoid top-posting and favor interleaved quoting:
https://en.wikipedia.org/wiki/Posting_style#Interleaved_style
* Reply using the --to, --cc, and --in-reply-to
switches of git-send-email(1):
git send-email \
--in-reply-to=6443d6fb7ba06151b8a4ff4914761471.squirrel@giyzk7o6dcunb2ry.onion \
--to=lee.chiffre@secmail.pro \
--cc=bitcoin-dev@lists.linuxfoundation.org \
--cc=lightning-dev@lists.linuxfoundation.org \
/path/to/YOUR_REPLY
https://kernel.org/pub/software/scm/git/docs/git-send-email.html
* If your mail client supports setting the In-Reply-To header
via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line
before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox