Updated news about bitcoin and all cryptocurrencies. Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins. A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, but the security ... The chief scientist of Bitcoin Unlimited, Peter Rizun, tweeted about the announcement from ABC as well. “Amaury Sechet is literally modifying the BCH protocol to issue coins to him and his ... Bitcoin Unlimited’s chief scientist Peter Rizun discusses the exploration of chain limits in a detailed editorial on the blog read.cash. Another addition is the opcode, OP_Reversebytes, which ... — Peter R. Rizun (@PeterRizun) September 27, 2019. While it aims to bolster bitcoin, the lightning network might need to work out a few kinks beforehand. As for Drapers predictions, 2023 may be a little optimistic. Featured Image Credit: Photo via Pixabay.com Bitcoin Unlimited’s Chief Scientist Peter Rizun finally made it onto the What Bitcoin Did podcast, after initially having his interview canceled amid pressure from Bitcoin Maximalists who don’t want to hear his opinions on Lightning Network.. Bitcoin Unlimited Dev: Ignore Craig Wright and He’ll Go Away. Rizun discussed a range of issues, primarily Lightning. Peter Rizun has warned the Bitcoin Cash community with a tweet explaining that Amaury Sachet is lobbying for a new fork and his Bitcoin ABC client will make life difficult for those who oppose the funding of the new BCH development foundation by changing the protocol. Many are therefore wondering if a new fork is on the way.. Bitcoin ABC 0.21.0 release for 2020 May 15 upgrade is here!https://t ... There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef has pledged $100K in addition to Roger Ver’s initial $10K offer. According to Peter R. Rizun of Bitcoin Unlimited, Séchet plans to modify the protocol to mint coins for himself, calling his proposal “a poison pill.” If exchanges move forward with his plans, the coin could be “captured” by third parties. 1/2 Amaury Sechet is literally modifying the BCH protocol to issue coins to him and his friends ... TL;DR: Bitcoin Unlimited (BU) Chief Scientist Peter Rizun is a human lightning rod. He's become one in recent months most notoriously due to his being asked for counter-arguments to the efficacy and need of a second layer payment solution on Bitcoin Core (BTC). The resulting drama with BTC and Lightning Network supporter, podcaster Peter McCormack, was amazing to watch unfold, and this is ... Holy shit! Greg Maxwell and Peter Todd both just ADMITTED and AGREED that NO solution has been implemented for the "SegWit validationless mining" attack vector, discovered by Peter Todd in 2015, exposed again by Peter Rizun in his recent video, and exposed again by Bitcrust dev Tomas van der Wansem.
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