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Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

Rollup protocols have recently received significant attention as a promising class of Layer 2 (L2) scalability solutions. By utilizing the Layer 1 (L1) blockchain solely as a bulletin board for a summary of the executed transactions and…

Cryptography and Security · Computer Science 2025-10-02 Dominik Apel , Zeta Avarikioti , Matteo Maffei , Yuheng Wang

Payment channel networks (PCNs) enhance the scalability of blockchains by allowing parties to conduct transactions off-chain, i.e, without broadcasting every transaction to all blockchain participants. To conduct transactions, a sender and…

Cryptography and Security · Computer Science 2022-08-05 Oğuzhan Ersoy , Jérémie Decouchant , Satwik Prabhu Kimble , Stefanie Roos

Sidechain technology has been envisioned as a promising solution to accelerate today's public blockchains in terms of scalability and interoperability. By relying on the mainchain for security, different sidechains can formulate their own…

Cryptography and Security · Computer Science 2019-11-19 Fangyu Gai , Cesar Grajales , Jianyu Niu , Mohammad Mussadiq Jalalzai , Chen Feng

The rise of smart contract systems such as Ethereum has resulted in a proliferation of blockchain-based decentralized applications including applications that store and manage a wide range of data. Current smart contracts are designed to be…

Cryptography and Security · Computer Science 2019-02-26 Chao Li , Balaji Palanisamy , Runhua Xu

Blockchain protocols typically aspire to run in the permissionless setting, in which nodes are owned and operated by a large number of diverse and unknown entities, with each node free to start or stop running the protocol at any time. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-03-05 Andrew Lewis-Pye , Tim Roughgarden

In the age of Big Data, enabling task scheduling while protecting users' privacy is critical for various decentralized applications in blockchain-based smart contract platforms. Such a privacy-preserving task scheduler requires the task…

Cryptography and Security · Computer Science 2019-02-18 Chao Li , Balaji Palanisamy

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

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is mostly caused by the use of consensus algorithms to guarantee the total order of…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-24 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is due to the use of consensus algorithms to guarantee the total order of the chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-10 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

Blockchains use peer-to-peer networks for disseminating information among peers, but these networks currently do not have any provable guarantees for desirable properties such as Byzantine fault tolerance, good connectivity and small…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-01 Vijeth Aradhya , Seth Gilbert , Aquinas Hobor

The payment channel, which allows two parties to perform micropayments without involving the blockchain, has become a promising proposal to improve the scalability of decentralized ledgers such as Bitcoin and Ethereum. Payment channels have…

Cryptography and Security · Computer Science 2019-12-02 YongJie Ye , Jingjing Zhang , Weigang Wu , Xiapu Luo , Jiannong Cao

Cryptocurrencies are poised to revolutionize the modern economy by democratizing commerce. These currencies operate on top of blockchain-based distributed ledgers. Existing permissionless blockchain-based protocols offer unparalleled…

Cryptography and Security · Computer Science 2022-03-25 Anurag Jain , Sanidhay Arora , Sankarshan Damle , Sujit Gujar

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

With the rapid development of blockchain technology, different types of blockchains are adopted and interoperability across blockchains has received widespread attention. There have been many cross-chain solutions proposed in recent years,…

Cryptography and Security · Computer Science 2021-03-26 Ying Lan , Jianbo Gao , Ke Wang , Jiashuo Zhang , Zhenhao Wu , Yuesheng Zhu , Zhong Chen

Many blockchains such as Ethereum execute all incoming transactions sequentially significantly limiting the potential throughput. A common approach to scale execution is parallel execution engines that fully utilize modern multi-core…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-17 Ray Neiheiser , Eleftherios Kokoris-Kogias

Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

Cryptography and Security · Computer Science 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

Payment protocols developed to realize off-chain transactions in Payment channel network (PCN) assumes the underlying routing algorithm transfers the payment via a single path. However, a path may not have sufficient capacity to route a…

Cryptography and Security · Computer Science 2022-02-08 Subhra Mazumdar , Sushmita Ruj

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang
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