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Coalition Formation Game for Cost-Efficient Multiparty Payment Channel in Payment Channel Networks [PDF]
Sensors, 2023 Blockchain has introduced a new era for online payment services and its economy with tamper-proof cryptocurrencies. However, blockchain, which is based on global peer-to-peer networks, has its limitations due to payment delays from global consensus and ...
Wooseong Kim
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Research on Multiparty Payment Technology Based on Blockchain and Smart Contract Mechanism
Journal of Mathematics, 2022 As a peer-to-peer “P2P” distributed ledger, the blockchain has the advantages of decentralization, no trust, open autonomy, and nontampering. Therefore, many users are willing to conduct transactions in blockchain cryptocurrency systems such as Bitcoin ...
Yanjun Zhang
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CLoTH: A Lightning Network Simulator
SoftwareX, 2021 Payment-channel networks are one of the most promising solution to the well-known issue of blockchain scalability. In this work we present CLoTH, a simulator of the Lightning Network — the mainstream payment-channel network, used in Bitcoin.
Marco Conoscenti +2 more
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An Identity-Based Adaptor Signature Scheme and its Applications in the Blockchain System
IEEE Open Journal of the Computer Society, 2023 Adaptor signature, as a new emerging cryptographic primitive, has become one promising method to mitigate the scalability issue on blockchain. It can transform an incomplete signature into a complete signature by revealing the witness of a pre-set hard ...
Zijian Bao +4 more
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CryptoMaze: Atomic Off-Chain Payments in Payment Channel Network [PDF]
, 2020 Payment protocols developed to realize off-chain transactions in Payment channel network (PCN) assumes the underlying routing algorithm transfers the payment via a single path. However, a path may not have sufficient capacity to route a transaction.
Mazumdar, Subhra, Ruj, Sushmita
core +2 more sources
Two-Party Adaptor Signature Scheme Based on IEEE P1363 Identity-Based Signature
IEEE Open Journal of the Communications Society, 2023 Adaptor signature is extended from the standard digital signature, which conceals a secret value in the “pre-signature”. The one who knows the secret value can transform it into a completed signature.
Xinjie Zhu +4 more
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A Blockchain-Based Continuous Micropayment Scheme Using Lockable Signature
Mathematics, 2023 A blockchain-oriented continuous micropayment system forms an integral element of the digital economy, enabling seamless transactions and encouraging minor purchases.
Wennan Wang +3 more
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LEAF: Let’s Efficiently Make Adaptive Forwarding in Payment Channel Networks
IEEE Access, 2023 Blockchain technology is widely applicable to modern payment systems but has inherent throughput limitations. Off-chain networks are proposed to solve scalability issues, which allows parties to efficiently perform micropayments without committing all of
Xiaofei Luo, Peng Li
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Verifying Payment Channels with TLA+
2022 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), 2022 A payment channel protocol does not only have to provide the payment functionality, it also has to fulfill security guarantees such as ensuring that an honest party receives their correct balance. For complexity reasons, it is typically difficult to assess the security of such a protocol or to find counterexamples in insecure protocols. In this poster,
Grundmann, Matthias, Hartenstein, Hannes
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Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints (Revised Version) [PDF]
, 2005 We propose a life-cycle model of the housing market with a property ladder and a credit constraint. We focus on equilibria which replicate the facts that credit constraints delay some households' first home purchase and force other households to buy a ...
Ortalo-Magné, François, Rady, Sven
core +4 more sources