2023-07-04 06:01:57
A particularly big advance has recently taken place in the life of the Bitcoin Lightning Network. The development team has released the beta version of Validating Lightning Signer (VLS). The purpose of this is to answer the security concerns that are emerging more and more frequently in the network. VLS is a big step forward for Lightning in particular The VLS solution, an open source Rust library and reference implementation, separates a user’s private keys from their Lightning node, providing an extra layer of protection once morest potential theft. According to the announcement, VLS enables security that no other solution in the ecosystem is capable of. On the occasion of the announcement, the VLS team also called on developers and companies to definitely try the VLS beta version. The software must therefore be tested with sample CLN and LDK nodes, and then feedback must be given so that VLS can really be a success story. By the way, the beta version of VLS is packed with additional features to help protect users. So things like encrypted cloud backup, disaster recovery capabilities, first and second layer validation rules, and a whitelist of approved targets. Of course, this will not completely eliminate the possibility of theft. This is exactly why the team recommends everyone to run VLS first in a test environment or to try with very little money. The reference implementation of VLS in Rust ensures that published transactions can be securely signed using comprehensive validation rules. The VLS roadmap includes plans to run signers on resource-constrained platforms, improve performance on embedded processors, and add expanded BOLT-12 support, for example. In addition, the team aims to enable the use of multiple signers with Lightning keys. For huge crowds, the above news is probably not very exciting. But the release of the beta version of VLS is a major step forward in the life of the Bitcoin Lightning network.
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