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Although blockchain, the supporting technology of Bitcoin and various cryptocurrencies, has offered a potentially effective framework for numerous applications, it still suffers from the adverse affects of the impossibility triangle.…

Cryptography and Security · Computer Science 2020-11-03 Canran Wang , Netanel Raviv

The Bitcoin Lightning Network is a layer 2 protocol designed to facilitate fast and inexpensive Bitcoin transactions. It operates by establishing channels between users, where Bitcoin is locked and transactions are conducted off-chain until…

Cryptography and Security · Computer Science 2024-07-12 Rainer Feichtinger , Florian Grötschla , Lioba Heimbach , Roger Wattenhofer

Credit networks rely on decentralized, pairwise trust relationships (channels) to exchange money or goods. Credit networks arise naturally in many financial systems, including the recent construct of payment channel networks in blockchain…

Social and Information Networks · Computer Science 2021-09-29 Vibhaalakshmi Sivaraman , Weizhao Tang , Shaileshh Bojja Venkatakrishnan , Giulia Fanti , Mohammad Alizadeh

Recently, Multipath TCP (MPTCP) has been proposed as an alternative transport approach for datacenter networks. MPTCP provides the ability to split a flow into multiple paths thus providing better performance and resilience to failures.…

Networking and Internet Architecture · Computer Science 2016-08-31 Savvas Zannettou , Michael Sirivianos , Fragkiskos Papadopoulos

Bitcoin's enormous success has inspired the development of alternative blockchains, such as consortium chains. Several cross-chain protocols have been proposed as ways of connecting these universes of individual blockchains in a distributed…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-25 Hiroki Watanabe , Shigenori Ohashi , Shigeru Fujimura , Atsushi Nakadaira , Kota Hidaka , Jay Kishigami

Digital payments play a pivotal role in the burgeoning digital economy. Moving forward, the enhancement of digital payment systems necessitates programmability, going beyond just efficiency and convenience, to meet the evolving needs and…

Trading and Market Microstructure · Quantitative Finance 2025-09-01 Zijia Meng , Victor Feng

In the current era of digitization, online payment systems are attracting considerable interest. Improving the efficiency of a payment system is important since it has a substantial impact on revenues for businesses. A gateway is an…

Artificial Intelligence · Computer Science 2021-11-02 Ramya Bygari , Aayush Gupta , Shashwat Raghuvanshi , Aakanksha Bapna , Birendra Sahu

Routing is a widespread approach to transfer information from a source node to a destination node in many deployed wireless ad-hoc networks. Today's implemented routing algorithms seek to efficiently find the path/route with the largest…

Information Theory · Computer Science 2018-10-16 Yahya H. Ezzeldin , Martina Cardone , Christina Fragouli , Daniela Tuninetti

As a highly scalable permissioned blockchain platform, Hyperledger Fabric supports a wide range of industry use cases ranging from governance to finance. In this paper, we propose a model to analyze the performance of a Hyperledgerbased…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-11 Pu Yuan , Kan Zheng , Xiong Xiong , Kuan Zhang , Lei Lei

Scalability is one of the main roadblocks to business adoption of blockchain systems. Despite recent intensive research on using sharding techniques to enhance the scalability of blockchain systems, existing solutions do not efficiently…

Databases · Computer Science 2020-02-18 Mohammad Javad Amiri , Divyakant Agrawal , Amr El Abbadi

Sharding is a promising technique for addressing the scalability issues of blockchain, and this technique is especially important for IoT, edge, or mobile computing. It divides the $n$ participating nodes into $s$ disjoint groups called…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-01-20 Ramesh Adhikari , Costas Busch , Miroslav Popovic

Although blockchain, the supporting technology of various cryptocurrencies, has offered a potentially effective framework for numerous decentralized trust management systems, its performance is still sub-optimal in real-world networks. With…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-04-05 Canran Wang , Netanel Raviv

Blockchain ecosystems face a significant issue with liquidity fragmentation, as applications and assets are distributed across many public chains with each only accessible by subset of users. Cross-chain communication was designed to…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-07 Amin Rezaei , Solomon L. Davidson , Bernard Wong

The Bitcoin Lightning Network, launched in 2018, serves as a layer 2 scaling solution for Bitcoin. The Lightning Network allows users to establish channels between each other and subsequently exchange off-chain payments. Together, these…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-25 Florian Grötschla , Lioba Heimbach , Severin Richner , Roger Wattenhofer

The successful amalgamation of cryptocurrency and consumer Internet of Things (IoT) devices can pave the way for novel applications in machine-to-machine economy. However, the lack of scalability and heavy resource requirements of initial…

Cryptography and Security · Computer Science 2021-02-05 Suat Mercan , Ahmet Kurt , Enes Erdin , Kemal Akkaya

To mitigate the scalability problem of decentralized cryptocurrencies such as Bitcoin and Ethereum, the payment channel, which allows two parties to perform secure coin transfers without involving the blockchain, has been proposed. The…

Cryptography and Security · Computer Science 2020-10-16 Yongjie Ye , Weigang Wu

Blockchains have shown great promise as peer-to-peer digital currency systems over the past 10 years. However, with increased popularity, the demand for processing transactions has also grown leading to increased costs, confirmation times,…

Cryptography and Security · Computer Science 2018-11-02 Karl J. Kreder

Lightning Network (LN) is designed to amend the scalability and privacy issues of Bitcoin. It's a payment channel network where Bitcoin transactions are issued off chain, onion routed through a private payment path with the aim to settle…

Cryptography and Security · Computer Science 2020-07-14 Ferenc Beres , Istvan Andras Seres , Andras A. Benczur

Today's blockchain designs suffer from a trilemma claiming that no blockchain system can simultaneously achieve decentralization, security, and performance scalability. For current blockchain systems, as more nodes join the network, the…

Cryptography and Security · Computer Science 2020-01-28 Songze Li , Mingchao Yu , Chien-Sheng Yang , A. Salman Avestimehr , Sreeram Kannan , Pramod Viswanath

While being decentralized, secure, and reliable, Bitcoin and many other blockchain-based cryptocurrencies suffer from scalability issues. One of the promising proposals to address this problem is off-chain payment channels. Since, not all…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-04 Soheil Zibakhsh Shabgahi , Seyed Mahdi Hosseini , Seyed Pooya Shariatpanahi , Behnam Bahrak
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