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Payment Trees: Low Collateral Payments for Payment Channel Networks
2021The security of blockchain based decentralized ledgers relies on consensus protocols executed between mutually distrustful parties. Such protocols incur delays which severely limit the throughput of such ledgers. Payment and state channels enable execution of offchain protocols that allow interaction between parties without involving the consensus ...
Maxim Jourenko +2 more
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Real-Time Recursive Routing in Payment Channel Network: A Bidding-based Design
International Symposium on Modeling and Optimization in Mobile, Ad-Hoc and Wireless Networks, 2022Payment Channel Network (PCN) is proposed as a promising layer-two solution to tackle the scalability problem of current blockchain systems, which allows the two transacting parties to perform off-chain transactions through their established payment ...
Jiayuan Liu +3 more
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Complex Network Analysis on Blockchain Payment Channel Networks for Metaverse
2023 IEEE International Conference on Metaverse Computing, Networking and Applications (MetaCom), 2023In the emerging metaverse ecosystem, blockchain is an enabling technology to ensure trustworthy transactions among metaverse virtual/real entities. However, existing blockchains suffer from their performance limitation. Payment channel networks have been
Bicheng Liu +2 more
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Proactive look-ahead control of transaction flows for high-throughput payment channel network
ACM Symposium on Cloud Computing, 2022Blockchain technology has gained popularity owing to the success of cryptocurrencies such as Bitcoin and Ethereum. Nonetheless, the scalability challenge largely limits its applications in many real-world scenarios.
Wuhui Chen +5 more
semanticscholar +1 more source
EPA-Route: Routing Payment Channel Network with High Success Rate and Low Payment Fees
IEEE International Conference on Distributed Computing Systems, 2021Existing blockchain systems suffer from low throughput and high payment latency. Payment channel networks (PCNs) such as the Lightning Network are proposed as a viable scaling solution.
Han Xue, Qun Huang, Yungang Bao
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Payment Channel Network Optimization Composed of Merkle Tree with Election Mechanism
2023 International Conference on Blockchain Technology and Information Security (ICBCTIS), 2023On-chain methods fail to improve the scalability of cryptocurrencies since they are constrained by block size and block creation rate. As a result, Payment Channel Networks (PCNs) have surfaced as a vital off-chain alternative for achieving scalability ...
Zuobin Ying +5 more
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Characterizing Performance Limits in Payment Channel Networks
IEEE Transactions on Knowledge and Data Engineering, 2021With their instant transaction confirmation and high scalability, payment channel networks (PCNs), running off-chain and in parallel with blockchain systems, have recently attracted a substantial amount of research attention. It has been shown that there exists a significant gap between the theoretically optimal performance and the performance ...
Yuechen Tao +3 more
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A Flexible Cross-Chain Payment Channel Network
IEEE Transactions on NetworkingBlockchain interoperability and throughput scalability are two crucial problems that limit the wide adoption of blockchain applications. Payment channel networks (PCNs) provide a promising solution to the inherent scalability problem of blockchain ...
Xiaoxue Zhang 0001, Chen Qian 0001
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Boosting Payment Channel Network Liquidity with Topology Optimization and Transaction Selection
IACR Cryptology ePrint ArchivePayment channel networks (PCNs) are a promising technology that alleviates blockchain scalability by shifting the transaction load from the blockchain to the PCN. Nevertheless, the network topology has to be carefully designed to maximise the transaction
K. Chatterjee +4 more
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Blockchain-Based Payment Channel Network: Challenges and Recent Advances
2023 International Conference on Blockchain Technology and Information Security (ICBCTIS), 2023Blockchains, introduced in 2008, have garnered significant attention from both academia and industry. Cryptocurrencies, such as Bitcoin, which rely on blockchains, have great commercial value.
Anqi Tian +3 more
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