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Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…

Cryptography and Security · Computer Science 2017-03-09 Joshua Lind , Ittay Eyal , Peter Pietzuch , Emin Gün Sirer

Payment channel networks are an approach to improve the scalability of blockchain-based cryptocurrencies. The Lightning Network is a payment channel network built for Bitcoin that is already used in practice. Because the Lightning Network…

Cryptography and Security · Computer Science 2025-05-22 Matthias Grundmann , Hannes Hartenstein

Internet traffic continues to grow relentlessly, driven largely by increasingly high resolution video content. Although studies have shown that the majority of packets processed by Internet routers are pass-through traffic, they nonetheless…

Networking and Internet Architecture · Computer Science 2019-05-23 Ping Yin , Steven Diamond , Bill Lin , Stephen Boyd

In multi-path routing schemes for payment-channel networks, Alice transfers funds to Bob by splitting them into partial payments and routing them along multiple paths. Undisclosed channel balances and mismatched transaction fees cause…

Cryptography and Security · Computer Science 2020-09-14 Vivek Bagaria , Joachim Neu , David Tse

Network latency severely impacts the performance of applications running on supercomputers. Adaptive routing algorithms route packets over different available paths to reduce latency and improve network utilization. However, if a switch…

Networking and Internet Architecture · Computer Science 2025-11-20 Tommaso Bonato , Daniele De Sensi , Salvatore Di Girolamo , Abdulla Bataineh , David Hewson , Duncan Roweth , Torsten Hoefler

For centuries, financial institutions have responded to liquidity challenges by forming closed, centralized clearing clubs with strict rules and membership that allow them to collaborate on using the least money to discharge the most debt.…

Computational Engineering, Finance, and Science · Computer Science 2025-07-31 Ethan Buchman , Paolo Dini , Shoaib Ahmed , Andrew Miller , Tomaž Fleischman

We propose Parsec, a web-scale State channel for the Internet of Value to exterminate the consensus bottleneck in Blockchain by leveraging a network of state channels which enable to robustly transfer value off-chain. It acts as an…

Cryptography and Security · Computer Science 2018-08-07 Amit Kumar Jaiswal

Decentralized crypto-currencies based on the blockchain architecture under-utilize available network bandwidth, making them unable to scale to thousands of transactions per second. We define the Blockclique architecture, that addresses this…

Cryptography and Security · Computer Science 2020-02-11 Sébastien Forestier , Damir Vodenicarevic , Adrien Laversanne-Finot

A well-known technique for enhancing the performance and stability of content distribution is the use of multiple dissemination flows. Multipath TCP (MPTCP), the most popular multiflow protocol on the Internet, allows receivers to exploit…

Networking and Internet Architecture · Computer Science 2017-07-07 Yannis Thomas , George Xylomenos , Christos Tsilopoulos , George C. Polyzos

High-throughput blockchains require efficient transaction broadcast mechanisms that can deliver transactions to most network nodes with low bandwidth overhead and latency. Existing schemes coordinate transmissions across peers to avoid…

Networking and Internet Architecture · Computer Science 2022-05-05 Lei Yang , Yossi Gilad , Mohammad Alizadeh

Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Rowel Gündlach , Jaap-Henk Hoepman , Remco van der Hofstad , Tommy Koens , Stijn Meijer

To keep up with demand, servers will scale up to handle hundreds of thousands of clients simultaneously. Much of the focus of the community has been on scaling servers in terms of aggregate traffic intensity (packets transmitted per…

Networking and Internet Architecture · Computer Science 2021-06-11 Yimeng Zhao , Ahmed Saeed , Mostafa Ammar , Ellen Zegura

Sharding is used to address the performance and scalability issues of the blockchain protocols, which divides the overall transaction processing costs among multiple clusters of nodes. Shards require less storage capacity and communication…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-31 Ramesh Adhikari , Costas Busch

Making a payment in a privacy-aware payment channel network is achieved by trying several payment paths until one succeeds. With a large network, such as the Lightning Network, a completion of a single payment can take up to several…

Social and Information Networks · Computer Science 2019-12-23 Rene Pickhardt , Mariusz Nowostawski

Efficient routing is critical for payment channel networks (PCNs) such as the Lightning Network (LN), where most clients currently rely on Dijkstra-based algorithms for payment pathfinding. While Dijkstra's algorithm has long been regarded…

Performance · Computer Science 2025-09-18 Danila Valko , Rohan Paranjpe , Jorge Marx Gómez

Existing blockchain systems scale poorly because of their distributed consensus protocols. Current attempts at improving blockchain scalability are limited to cryptocurrency. Scaling blockchain systems under general workloads (i.e.,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-13 Hung Dang , Tien Tuan Anh Dinh , Dumitrel Loghin , Ee-Chien Chang , Qian Lin , Beng Chin Ooi

Resource-constrained devices are unable to maintain a full copy of the Bitcoin Blockchain in memory. This paper proposes a bidirectional payment channel framework for IoT devices. This framework utilizes Bitcoin Lightning-Network-like…

Cryptography and Security · Computer Science 2018-12-27 Christopher Hannon , Dong Jin

Sharding is a promising blockchain scaling solution. But it currently suffers from high latency and low throughput when it comes to cross-shard transactions, i.e., transactions that require coordination from multiple shards. The root cause…

Cryptography and Security · Computer Science 2021-02-01 Sourav Das , Vinith Krishnan , Ling Ren

Payment channel networks (PCNs) are a layer-2 blockchain scalability solution, with its main entity, the payment channel, enabling transactions between pairs of nodes "off-chain," thus reducing the burden on the layer-1 network. Nodes with…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-10 Nikolaos Papadis , Leandros Tassiulas

Sharding is a way to address scalability problem in blockchain technologies. Ethereum, a prominent blockchain technology, has included sharding in its roadmap to increase its throughput. The plan is also to include multiple execution…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-19 Raghavendra Ramesh
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