English

OTS-PC: OTS-based Payment Channels for the Lightning Network

Cryptography and Security 2025-11-11 v2 Networking and Internet Architecture

Abstract

We present a new type of bidirectional payment channel based on One-Time Signatures on state sequence numbers. This new construction is simpler than the Poon-Dryja construction, but provides a number of benefits such as O(1)O(1) storage per channel, minimal information leakage, and compatibility with Lightning Network routing.

Cite

@article{arxiv.2511.04021,
  title  = {OTS-PC: OTS-based Payment Channels for the Lightning Network},
  author = {Sergio Demian Lerner and Ariel Futoransky},
  journal= {arXiv preprint arXiv:2511.04021},
  year   = {2025}
}
R2 v1 2026-07-01T07:23:54.741Z