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Payment channel networks (PCNs) such as the Lightning Network offer an appealing solution to the scalability problem faced by many cryptocurrencies operating on a blockchain such as Bitcoin. However, PCNs also inherit the stringent…

Cryptography and Security · Computer Science 2022-01-20 Philipp Zabka , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

The Bitcoin Lightning Network is a Layer 2 payment protocol that addresses Bitcoin's scalability by facilitating quick and cost effective transactions through payment channels. This research explores the feasibility of using machine…

Machine Learning · Computer Science 2025-10-24 Vincent Davis , Emanuele Rossi , Vikash Singh

Bitcoin is undoubtedly a great alternative to today's existing digital payment systems. Even though Bitcoin's scalability has been debated for a long time, we see that it is no longer a concern thanks to its layer-2 solution Lightning…

Cryptography and Security · Computer Science 2023-05-01 Ahmet Kurt , Abdulhadi Sahin , Ricardo Harrilal-Parchment , Kemal Akkaya

This paper introduces a novel non-parametric change detection algorithm to identify eclipse attacks on a blockchain network; the non-parametric algorithm relies only on the empirical mean and variance of the dataset, making it highly…

Cryptography and Security · Computer Science 2024-05-31 Anurag Gupta , Vikram Krishnamurthy , Brian M. Sadler

Lightning Network (LN) addresses the scalability problem of Bitcoin by leveraging off-chain transactions. Nevertheless, it is not possible to run LN on resource-constrained IoT devices due to its storage, memory, and processing…

Cryptography and Security · Computer Science 2021-03-16 Ahmet Kurt , Suat Mercan , Enes Erdin , Kemal Akkaya

Bitcoin has emerged as a revolutionary payment system with its decentralized ledger concept; however it has significant problems such as high transaction fees and low throughput. Lightning Network (LN), which was introduced much later,…

Cryptography and Security · Computer Science 2023-07-21 Ahmet Kurt , Kemal Akkaya , Sabri Yilmaz , Suat Mercan , Omer Shlomovits , Enes Erdin

Bitcoin blockchain faces the bitcoin scalability problem, for which bitcoin's blocks contain the transactions on the bitcoin network. The on-chain transaction processing capacity of the bitcoin network is limited by the average block…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-08-14 Changting Lin , Ning Ma , Xun Wang , Zhenguang Liu , Jianhai Chen , Shouling Ji

Our aim in this paper is to investigate the profitability of double-spending (DS) attacks that manipulate an a priori mined transaction in a blockchain. It was well understood that a successful DS attack is established when the proportion…

Cryptography and Security · Computer Science 2020-10-15 Jehyuk Jang , Heung-No Lee

While various covert botnets were proposed in the past, they still lack complete anonymization for their servers/botmasters or suffer from slow communication between the botmaster and the bots. In this paper, we propose a new generation…

Cryptography and Security · Computer Science 2020-04-28 Ahmet Kurt , Enes Erdin , Mumin Cebe , Kemal Akkaya , A. Selcuk Uluagac

Payment channel networks are an approach to improve the scalability of blockchain-based cryptocurrencies. Because payment channel networks are used for transfer of financial value, their security in the presence of adversarial participants…

Logic in Computer Science · Computer Science 2023-07-06 Matthias Grundmann , Hannes Hartenstein

We revisit the fundamental question of Bitcoin's security against double spending attacks. While previous work has bounded the probability that a transaction is reversed, we show that no such guarantee can be effectively given if the…

Cryptography and Security · Computer Science 2016-06-01 Yonatan Sompolinsky , Aviv Zohar

As the most successful cryptocurrency to date, Bitcoin constitutes a target of choice for attackers. While many attack vectors have already been uncovered, one important vector has been left out though: attacking the currency via the…

Networking and Internet Architecture · Computer Science 2017-03-28 Maria Apostolaki , Aviv Zohar , Laurent Vanbever

Despite the popularity of Hashed Time-Locked Contracts (HTLCs) because of their use in wide areas of applications such as payment channels, atomic swaps, etc, their use in exchange is still questionable. This is because of its incentive…

Cryptography and Security · Computer Science 2025-10-24 Nitin Awathare

Hacks are one of the most damaging types of cryptocurrency related crime, accounting for billions of dollars in stolen funds since 2009. Professional investigators at Chainalysis have traced these stolen funds from the initial breach on an…

Physics and Society · Physics 2019-10-30 Daniel Goldsmith , Kim Grauer , Yonah Shmalo

For a distributed last-level cache (LLC) in a large multicore chip, the access time to one LLC bank can significantly differ from that to another due to the difference in physical distance. In this paper, we successfully demonstrated a new…

Cryptography and Security · Computer Science 2023-12-14 Farabi Mahmud , Sungkeun Kim , Harpreet Singh Chawla , Chia-Che Tsai , Eun Jung Kim , Abdullah Muzahid

Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

Cryptography and Security · Computer Science 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

Micropayment channels are the most prominent solution to the limitation on transaction throughput in current blockchain systems. However, in practice channels are risky because participants have to be online constantly to avoid fraud, and…

Cryptography and Security · Computer Science 2018-12-03 Georgia Avarikioti , Felix Laufenberg , Jakub Sliwinski , Yuyi Wang , Roger Wattenhofer

We study the problem of learning-based attacks in linear systems, where the communication channel between the controller and the plant can be hijacked by a malicious attacker. We assume the attacker learns the dynamics of the system from…

Systems and Control · Electrical Eng. & Systems 2021-05-21 Anshuka Rangi , Mohammad Javad Khojasteh , Massimo Franceschetti

While various covert botnets were proposed in the past, they still lack complete anonymization for their servers/botmasters or suffer from slow communication between the botmaster and the bots. In this paper, we first propose a new…

Cryptography and Security · Computer Science 2023-05-23 Ahmet Kurt , Enes Erdin , Kemal Akkaya , A. Selcuk Uluagac , Mumin Cebe

The Bitcoin Lightning Network (BLN) was launched in 2018 to scale up the number of transactions between Bitcoin owners. Although several contributions concerning the analysis of the BLN binary structure have recently appeared in the…

Physics and Society · Physics 2023-01-02 Jian-Hong Lin , Emiliano Marchese , Claudio J. Tessone , Tiziano Squartini