Multi‐hop anonymous payment channel network based on onion routing
Payment channel networks (PCNs) are one of the most promising off‐chain solutions to the blockchain scalability problem. However, most current payment channel schemes suffer from overly ideal routing assumptions or fail to provide complete path privacy ...
Caimei Wang, Yudong Ren, Zhize Wu
doaj +2 more sources
On the Lifecycle of a Lightning Network Payment Channel
The Bitcoin Lightning Network, launched in 2018, serves as a layer 2 scaling solution for Bitcoin. The Lightning Network allows users to establish channels between each other and subsequently exchange off-chain payments. Together, these channels form a network that facilitates payments between parties even if they do not have a channel in common.
Florian Grötschla +3 more
openaire +3 more sources
PaySwitch: Smart Contract-Based Payment Switch for Off-Chain Payment Channel Networks
Payment channel networks (PCNs) are a viable solution to the issue of blockchain scalability by offering off-chain transactions between two untrusted peers, without committing each transaction to the blockchain.
Anan Jin +4 more
doaj +2 more sources
Analysis of the Impact of the Collateral Funds in Payment Channel Networks
This paper provides results and conclusions of empirical analysis of two protocols intended for handling blockchain transactions in the Lightning Network (LN), Blitz and HTLC.
Ana Marija Eres, Marina Bagic Babac
doaj +2 more sources
Optimal Hub Placement and Deadlock-Free Routing for Payment Channel Network Scalability [PDF]
As a promising implementation model of payment channel network (PCN), payment channel hub (PCH) could achieve high throughput by providing stable off-chain transactions through powerful hubs.
Lingxiao Yang +6 more
semanticscholar +1 more source
zk-PCN: A Privacy-Preserving Payment Channel Network Using zk-SNARKs [PDF]
Payment channel network (PCN) is a layer-two scaling solution that enables fast off-chain transactions but does not involve on-chain transaction settlement.
Wenxuan Yu +5 more
semanticscholar +1 more source
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
An evaluation of cryptocurrency payment channel networks and their privacy implications [PDF]
Cryptocurrencies redefined how money can be stored and transferred among users. However, public blockchain-based cryptocurrencies suffer from high transaction waiting times and fees. To address these challenges, the payment channel network concept is touted as the most viable solution to be used for micro-payments.
Enes Erdin, Suat Mercan, Kemal Akkaya
openaire +2 more sources
Identifying clusters of anomalous payments in the salvadorian payment system
We develop an unsupervised methodology to group payments and identify possible anomalies. With our methodology, we identify clusters based on a set of network features, using transactional (unlabeled) information from a systemically important payment ...
Franklim Arévalo +5 more
doaj +1 more source
State Channel as a Service Based on a Distributed and Decentralized Web
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
doaj +1 more source

