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Payment Channel Network for Scriptless Blockchains
2023Payment channels help make blockchains more scalable, but creating them for scriptless blockchains like Monero is challenging. This study introduces AuxChannel, the first bi-directional payment channel protocol for scriptless blockchains without a limited lifetime.
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Toward Aggregated Payment Channel Networks
IEEE/ACM Transactions on Networking, 2022Xiaoxue Zhang, Chen Qian
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Avoiding Deadlocks in Payment Channel Networks
2018Payment transaction channels are one of the main proposed approaches to scaling cryptocurrency payment systems. Recent work by Malavolta et al. [7] has shown that the privacy of the protocol may conflict with its concurrent nature and may lead to deadlocks.
Shira Werman, Aviv Zohar
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RobustPay: Robust Payment Routing Protocol in Blockchain-based Payment Channel Networks
2019 IEEE 27th International Conference on Network Protocols (ICNP), 2019The past decade has witnessed an explosive growth in cryptocurrencies, but the blockchain-based cryptocurrencies have also raised many concerns, among which a crucial one is the scalability issue. Suffering from the large overhead of global consensus and security assurance, even the leading cryptocurrencies can only handle up to tens of transactions ...
Yuhui Zhang, Dejun Yang
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CoinExpress: A Fast Payment Routing Mechanism in Blockchain-Based Payment Channel Networks
2018 27th International Conference on Computer Communication and Networks (ICCCN), 2018Although cryptocurrencies have witnessed explosive growth in the past year, they have also raised many concerns, among which a crucial one is the scalability issue of blockchain-based cryptocurrencies. Suffering from the large overhead of global consensus and security assurance, even leading cryptocurrencies can only handle up to tens of transactions ...
Ruozhou Yu +4 more
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Payment Channels Under Network Congestion
2022 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), 2022Tuan Tran +3 more
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AODV–Based Routing for Payment Channel Networks
2018Payment Channel Networks such as the Lightning Network (LN), Raiden or COMIT were created to tackle the scalability problems of their underlying blockchains, by moving from expensive and slow on-chain transactions to inexpensive and fast off-chain ones. However, those networks are unregulated and decentralised, comprise point-to-point channels that may
Philipp Hoenisch, Ingo Weber
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REBAL: Channel Balancing for Payment Channel Networks
2021 29th International Symposium on Modeling, Analysis, and Simulation of Computer and Telecommunication Systems (MASCOTS), 2021Nitin Awathare +4 more
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Payment channel network analysis with focus on lightning network
2020During the financial crisis in 2008, a digital, distributed and decentralised crypto currency arose. Bitcoin was intended to overcome control and censorship by governmental authorities and to enable its users to be under full control of their assets at any time.
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Payment Channel Networks with Resource-constrained Devices
Anais Estendidos do XXIV Simpósio Brasileiro de Segurança da Informação e de Sistemas Computacionais (SBSeg Estendido 2024)Payment-channel networks (PCN) represent the leading solution to scale blockchain-based payments to the performance levels of centralized payment systems. However, current PCNs require nodes to stay permanently online and have enough resources to execute payment security mechanisms. Such assumptions are difficult to guarantee in battery-powered devices
Gabriel A. F. Rebello +4 more
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