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Coalition Formation Game for Cost-Efficient Multiparty Payment Channel in Payment Channel Networks [PDF]
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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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
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CLoTH: A Lightning Network Simulator
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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LEAF: Let’s Efficiently Make Adaptive Forwarding in Payment Channel Networks
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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An Identity-Based Adaptor Signature Scheme and its Applications in the Blockchain System
Adaptor signature, as a new emerging cryptographic primitive, has become one promising method to mitigate the scalability issue on blockchain. It can transform an incomplete signature into a complete signature by revealing the witness of a pre-set hard ...
Zijian Bao +4 more
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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
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Apples and Oranges: On How to Measure Node Centrality in Payment Channel Networks
The Bitcoin Lightning Network (LN) disrupts the scenario as a fast and scalable method to make payment transactions off-chain, alongside the Bitcoin network, thereby reducing the on-chain burden.
Luis E. Oleas-Chavez +2 more
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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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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
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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
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