Bitcoin Frederick Munawa is a Technology Reporter for Coindesk. He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks. A Twitter user by the name “Burak” (@brqgoo) sent a large swath of the Lightning Network into turmoil on Tuesday morning, when he allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels (connections between Lightning nodes). Lightning is a layer 2 network that enables cheaper and faster Bitcoin transactions. Burak’s valid but non-standard transaction caused Bitcoin nodes running an implementation of Bitcoin called btcd, to suddenly stop creating new transaction blocks. This caused […]