English

xLumi: Payment Channel Protocol and Off-chain Payment in Blockchain Contract Systems

Cryptography and Security 2021-01-27 v1

Abstract

In this paper, we introduce Super Luminal ("xLumi"), a new payment channel protocol for blockchain systems. xLumi is a simple unidirectional payment channel that can be extended to a bidirectional payment channel or a complete network. xLumi guarantees the security of the payment channel's funds by using a simple set of mathematical rules that can be easily implemented on any blockchain with the necessary infrastructure. We also give the detailed implementation methods of this idea using V Systems contract systems in this paper.

Keywords

Cite

@article{arxiv.2101.10621,
  title  = {xLumi: Payment Channel Protocol and Off-chain Payment in Blockchain Contract Systems},
  author = {Ningchen Ying and Tsz Wai Wu},
  journal= {arXiv preprint arXiv:2101.10621},
  year   = {2021}
}