Related papers: Bitcoin Payment-channels for Resource Limited IoT …
Bitcoin, a decentralized cryptocurrency, has attracted a lot of attention from academia, financial service industry and enthusiasts. The trade-off between transaction confirmation throughput and centralization of hash power do not allow…
This study addresses critical challenges in managing the transportation of spent nuclear fuel, including inadequate data transparency, stringent confidentiality requirements, and a lack of trust among collaborating parties, issues prevalent…
A key constraint that limits the implementation of blockchain in Internet of Things (IoT) is its large storage requirement resulting from the fact that each blockchain node has to store the entire blockchain. This increases the burden on…
With the emergence of 5G, Internet of Things (IoT) has become a center of attraction for almost all industries due to its wide range of applications from various domains. The explosive growth of industrial control processes and the…
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…
The Bitcoin Lightning Network (BLN), a so-called "second layer" payment protocol, was launched in 2018 to scale up the number of transactions between Bitcoin owners. In this paper, we analyse the structure of the BLN over a period of 18…
IoT devices are sorely underutilized in the medical field, especially within machine learning for medicine, yet they offer unrivaled benefits. IoT devices are low-cost, energy-efficient, small and intelligent devices. In this paper, we…
This paper presents a formal analysis of the Lightning Network as a monetary system structurally diverging from Bitcoin's base-layer settlement model. We demonstrate that under increasing transaction demand, BTC transaction fees rise…
Payment channels allow transactions between participants of the blockchain to be executed securely off-chain, and thus provide a promising solution for the scalability problem of popular blockchains. We study the online network design…
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…
The proliferation of resource-constrained devices has become prevalent across various digital applications, including smart homes, smart healthcare, and smart transportation, among others. However, the integration of these devices brings…
Blockchain was mainly introduced for secure transactions in connection with the mining of cryptocurrency Bitcoin. This article discusses the fundamental concepts of blockchain technology and its components, such as block header,…
Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…
Internet of Things (IoT) is very attractive because of its promises. However, it brings many challenges, mainly issues about privacy preserving and lightweight cryptography. Many schemes have been designed so far but none of them…
The Internet of Things (IoT) is transforming our physical world into a complex and dynamic system of connected devices on an unprecedented scale. Connecting everyday physical objects is creating new business models, improving processes and…
The Internet of Things (IoT) has become a guiding technology behind automation and smart computing. One of the major concerns with the IoT systems is the lack of privacy and security preserving schemes for controlling access and ensuring…
Smart contracts are cryptographic protocols that are enforced without a judiciary. Smart contracts are used occasionally in Bitcoin and are prevalent in Ethereum. Public quantum money improves upon cash we use today, yet the current…
The Internet of Things (IoT) technology will soon become an integral part of our daily lives to facilitate the control and monitoring of processes and objects and revolutionize the ways that human interacts with the physical world. For all…
Blockchain technology has been transforming the financial industry and has created a new crypto-economy in the last decade. The foundational concepts such as decentralized trust and distributed ledger are promising for distributed, and…
Today, the number of IoT devices in all aspects of life is exponentially increasing. The cities we are living in are getting smarter and informing us about our surroundings in a contextual manner. However, there lay significant challenges…