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Blockchain-Based Payment Channel Networks: Challenges and Recent Advances
IEEE Access, 2020 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
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Geolocated Lightning Network topology snapshots: A dataset covering 2019–2023 [PDF]
Scientific DataThe Lightning Network (LN) is the most widely adopted second-layer solution for Bitcoin, enabling fast, low-cost transactions through a decentralized payment channel network.
Danila Valko, Jorge Marx Gómez
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Blockchain: Research and ApplicationsPayment channel networks are cryptocurrency-era scaling solutions designed to function atop the lightning network. They aim to address the blockchain scalability trilemma by offering low transaction fees and nearly instantaneous processing confirmation ...
Hasan Falah Hasan +3 more
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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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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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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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Efficient routing strategy of blockchain-based payment channel network
Tongxin xuebao, 2021 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
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Scalable funding of Bitcoin micropayment channel networks [PDF]
Royal Society Open Science, 2018 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
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Coalition Formation Game for Cost-Efficient Multiparty Payment Channel in Payment Channel Networks
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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State Channel as a Service Based on a Distributed and Decentralized Web
IEEE Access, 2020 Currently, developers and researchers are dedicated to finding better ways to achieve greater scalability of various blockchain platforms. Focused on the Ethereum blockchain platform, the state channels are currently the only maturely researched and ...
Blaz Podgorelec +2 more
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