111 sats \ 6 replies \ @nullcount 19 Feb \ on: Mass Exit Attacks on the Lightning Network bitcoin
There are currently over 200k known zombie channels
Meanwhile, there is only about 40k active/open channels
LN has successfully reduced the BTC supply by giving noobs a new way to burn their sats.
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BuT zOmBiEs aRe OnLy TeMpOrArY
Sure. And it's only a matter of time until Satoshi's stack gets spent too
If you are inexperienced enough to create a zombie channel in the first place, it is unlikely you also have a watchtower that will rescue your funds. Every day that a zombie remains a zombie is more evidence that it is likely burned.
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TIL
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