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Blockchain-Based Payment Channel Networks: Challenges and Recent Advances
Blockchain technology has been developed with the vision to enable trusted collaboration between untrusted parties, without the need for a central authority. Despite its many promising applications, the technology suffers from a scalability problem.
Nikolaos Papadis, Leandros Tassiulas
doaj +3 more sources
Efficient routing strategy of blockchain-based payment channel network
In order to solve the problems of the low transaction success rate and network imbalance of the payment channel network, an efficient routing strategy of blockchain-based payment channel network was proposed.This strategy established a dedicated payment ...
Ru HUO +6 more
doaj +2 more sources
How to Profit from Payments Channels [PDF]
Payment channel networks like Bitcoin's Lightning network are an auspicious approach for realizing high transaction throughput and almost-instant confirmations in blockchain networks. However, the ability to successfully make payments in such networks relies on the willingness of participants to lock collateral in the network.
Ersoy, O. (author) +2 more
openaire +3 more sources
Consumer Behavior Intentions to Purchase Daily Needs through Online Store Channel
The inception of the 4.0 industrial era led to the evolution of internet information technology, which significantly changed the business sector’s marketing, transaction, and payment systems into online stores.
Moh. Wahyudin +2 more
doaj +1 more source
Scalable funding of Bitcoin micropayment channel networks [PDF]
The Bitcoin network has scalability problems. To increase its transaction rate and speed, micropayment channel networks have been proposed; however, these require to lock funds into specific channels.
Conrad Burchert +2 more
doaj +1 more source
Towards a Concurrent and Distributed Route Selection for Payment Channel Networks [PDF]
Payment channel networks use off-chain transactions to provide virtually arbitrary transaction rates. In this paper, we provide a new perspective on payment channels and consider them as a flow network.
Laß, Jann-Frederik +2 more
core +1 more source
Concurrency and Privacy with Payment-Channel Networks [PDF]
Permissionless blockchains protocols such as Bitcoin are inherently limited in transaction throughput and latency. Current efforts to address this key issue focus on off-chain payment channels that can be combined in a Payment-Channel Network (PCN) to enable an unlimited number of payments without requiring to access the blockchain other than to ...
Malavolta, Giulio +4 more
openaire +3 more sources
Debit Cards for Local Community’s Monetary Transactions: A Literature Review
This conceptual paper provides a review of past studies that highlight the development of debit cards in society. A review of past literature was conducted, in which the issues were highlighted and recommendations for potential solutions for an ...
Nabilah Rozzani +2 more
doaj +4 more sources
Hubs, Rebalancing and Service Providers in the Lightning Network
Payment channel networks are the most developed proposal to address the well-known issue of blockchain scalability. Currently, the Lightning Network (LN) is the mainstream and most used payment channel network.
Marco Conoscenti +2 more
doaj +1 more source
payGo: Incentive-Comparable Payment Routing Based on Contract Theory
The increasing use of cryptocurrencies has raised scalability and performance issues in blockchain systems that require global consensus and security assurance for real-time payments.
Kyungho Ryu, Wooseong Kim, Eun-Kyu Lee
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