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On the robustness of Lightning Network in Bitcoin
Pervasive and Mobile Computing, 2020Abstract An off-chain transaction protocol called Lightning Network was recently introduced to enable low-fee and micropayment transactions on the top of the Bitcoin network. This technology has the potential to solve the inherent scalability issue of the Bitcoin system, but is still questionable whether the proposed system is highly secure and ...
Hyoungshick Kim
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Lightnings over rose bouquets: an analysis of the topology of the Bitcoin Lightning Network
2021 IEEE 45th Annual Computers, Software, and Applications Conference (COMPSAC), 2021The Lightning Network is a P2P overlay that allows two Bitcoin users to create a new payment channel with a transaction, and later exchange cryptocurrency on that channel independently from the Bitcoin blockchain, improving Bitcoin's scalability issues and making it more suitable for frequent micro-payments.
Lisi A. +3 more
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A Probabilistic Logic Model of Lightning Network
2022One of the main limitations of blockchain systems based on Proof of Work is scalability, making them unsuitable for e-commerce and small payments. Currently, one of the principal directions to overcome the scalability issue is to use the so-called ''layer two'' solutions, like Lightning Network, where users can open channels and send payments through ...
Damiano Azzolini +3 more
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Routing Payments on the Lightning Network
2018 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData), 2018Bitcoin is a new digital currency created with the aim of being decentralized, peer-to-peer, censorship-resistant, borderless, scarce, fast and cheap to use. Since Bitcoin main way of operating is based on broadcast communications, e.g. all transactions of the currency reach all network peers, how to achieve scalability is one of the most important ...
Di Stasi G. +3 more
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, 2018 The thesis describes a solution to the scalability problem of the cryptocurrency Bitcoin. Some of the key elements that cryptocurrencies use are hash functions and public key cryptography. Technology that constitutes the basis, all cryptocurrenciencies are built upon, is Blockchain.
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A Heterogeneous Spatiotemporal Network for Lightning Prediction
2020 IEEE International Conference on Data Mining (ICDM), 2020Lightning prediction is a complicated and challenging task requiring meteorologists to integrate information from multiple data sources to make decisions. Although some data-driven models have been proposed to make prediction automatically, most of them are based on a single data source or several basically-homogeneous data sources, making them hard to
Yangli-ao Geng +8 more
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Observation of Lightning Discharges in Indonesia by Lightning Detection Network
2006 IEEE 8th International Conference on Properties and applications of Dielectric Materials, 2006A real-time lightning location network started to operate in Indonesia in mid 1995 and began providing reliable data in the end of the same year. The network consists of 8 signal receiving stations and works using the Time-Of-Arrival (TOA) technique.
Syarif Hidayat, Reynaldo Zoro
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A Measurement Study of Bitcoin Lightning Network
2019 IEEE International Conference on Blockchain (Blockchain), 2019As a promising method to enable fast and scalable Bitcoin transactions, Bitcoin Lightning Network (LN) has experienced rapid development since the end of 2017. LN utilizes the so-called "payment channels" to provide fast off-chain transactions, thereby offloading on-chain burden and enabling instant payments. With many new protocols proposed to improve
Yuwei Guo 0003, Jinfeng Tong, Chen Feng
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Lightning as an asymmetric branching network
Atmospheric Research, 2021Abstract The polarity asymmetry in lightning macroscopic behavior is well established for both cloud-to-ground and intracloud flashes. Negative polarity discharges to the ground most often consist of a series of strikes passing through one channel, while positive flashes, as a rule, are limited to one stroke; negative and positive leaders of ...
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Optimal Fee Structure for Efficient Lightning Networks
2018 IEEE 24th International Conference on Parallel and Distributed Systems (ICPADS), 2018Off-chain transaction handling like the Lightning Network (LN) is among the most promising solutions to solve the scaling challenges in blockchain technology like Bitcoin. At the same time, the LN faces its own challenges like transaction path lengths, centralization of channels (hubs), channel imbalances (depletion), etc.
Heng, Alvin Jun Ren +3 more
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