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Payment channel networks (PCN) are used in cryptocurrencies to enhance the performance and scalability of off-chain transactions. Except for opening and closing of a payment channel, no other transaction requests accepted by a PCN are…

密码学与安全 · 计算机科学 2020-02-13 Subhra Mazumdar , Sushmita Ruj , Ram Govind Singh , Arindam Pal

Payment channel networks are a promising approach to improve the scalability of cryptocurrencies: they allow to perform transactions in a peer-to-peer fashion, along multi-hop routes in the network, without requiring consensus on the…

网络与互联网体系结构 · 计算机科学 2021-04-12 Krzysztof Pietrzak , Iosif Salem , Stefan Schmid , Michelle Yeo

Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…

密码学与安全 · 计算机科学 2025-03-25 Junmo Lee , Seongjun Kim , Sanghyeon Park , Soo-Mook Moon

Payment channel networks (PCN) enable scalable blockchain transactions without fundamentally changing the underlying distributed ledger algorithm. However, routing a payment via multiple channels in a PCN requires locking collateral for…

密码学与安全 · 计算机科学 2021-09-09 Ben Weintraub , Cristina Nita-Rotaru , Stefanie Roos

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…

密码学与安全 · 计算机科学 2022-02-08 Subhra Mazumdar , Sushmita Ruj

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…

密码学与安全 · 计算机科学 2019-12-02 YongJie Ye , Jingjing Zhang , Weigang Wu , Xiapu Luo , Jiannong Cao

Despite growing adoption of cryptocurrencies, making fast payments at scale remains a challenge. Payment channel networks (PCNs) such as the Lightning Network have emerged as a viable scaling solution. However, completing payments on PCNs…

Payment channel networks are supposed to overcome technical scalability limitations of blockchain infrastructure by employing a special overlay network with fast payment confirmation and only sporadic settlement of netted transactions on…

计算工程、金融与科学 · 计算机科学 2017-11-08 Felix Engelmann , Florian Glaser , Henning Kopp , Frank Kargl , Christof Weinhardt

Cryptocurrencies redefined how money can be stored and transferred among users. However, independent of the amount being sent, public blockchain-based cryptocurrencies suffer from high transaction waiting times and fees. These drawbacks…

密码学与安全 · 计算机科学 2021-02-05 Enes Erdin , Suat Mercan , Kemal Akkaya

Cryptocurrency networks such as Bitcoin have emerged as a distributed alternative to traditional centralized financial transaction networks. However, there are major challenges in scaling up the throughput of such networks. Lightning…

分布式、并行与集群计算 · 计算机科学 2021-06-25 Sushil Mahavir Varma , Siva Theja Maguluri

The Bitcoin scalability problem has led to the development of off-chain financial mechanisms such as payment channel networks (PCNs) which help users process transactions of varying amounts, including micro-payment transactions, without…

密码学与安全 · 计算机科学 2023-11-30 Kartick Kolachala , Mohammed Ababneh , Roopa Vishwanathan

Payment channel networks (PCNs) are viewed as one of the most promising scalability solutions for cryptocurrencies today. Roughly, PCNs are networks where each node represents a user and each directed, weighted edge represents funds…

密码学与安全 · 计算机科学 2020-10-22 Weizhao Tang , Weina Wang , Giulia Fanti , Sewoong Oh

Ensuring travelers' safety on roads has become a research challenge in recent years. We introduce a novel safe route planning problem and develop an efficient solution to ensure the travelers' safety on roads. Though few research attempts…

数据库 · 计算机科学 2022-09-13 Fariha Tabassum Islam , Tanzima Hashem , Rifat Shahriyar

A payment channel network is a blockchain-based overlay mechanism that allows parties to transact more efficiently than directly using the blockchain. These networks are composed of payment channels that carry transactions between pairs of…

网络与互联网体系结构 · 计算机科学 2026-03-10 Suryanarayana Sankagiri , Bruce Hajek

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

密码学与安全 · 计算机科学 2021-02-25 Alberto Sonnino

Scaling blockchain efficiency is crucial to its widespread usage in which the payment channel is one of the most prominent approaches. With payment channels and the network they construct, two users can move some transactions off-chain in a…

计算机科学与博弈论 · 计算机科学 2021-04-08 Qianlan Bai , Yuedong Xu , Xin Wang

As a promising implementation model of payment channel network (PCN), payment channel hub (PCH) could achieve high throughput by providing stable off-chain transactions through powerful hubs. However, existing PCH schemes assume hubs…

分布式、并行与集群计算 · 计算机科学 2023-06-01 Lingxiao Yang , Xuewen Dong , Sheng Gao , Qiang Qu , Xiaodong Zhang , Wensheng Tian , Yulong Shen

Payment channel networks (PCNs) have been designed and utilized to address the scalability challenge and throughput limitation of blockchains. Routing is a core problem of PCNs. An ideal PCN routing method needs to achieve 1) high…

网络与互联网体系结构 · 计算机科学 2021-09-27 Xiaoxue Zhang , Shouqian Shi , Chen Qian

Network-level privacy is the Achilles heel of financial privacy in cryptocurrencies. Financial privacy amounts to achieving and maintaining blockchain- and network-level privacy. Blockchain-level privacy recently received substantial…

密码学与安全 · 计算机科学 2023-06-28 Ferenc Béres , István András Seres , Domokos M. Kelen , András A. Benczúr

This paper proposes SilentDelivery, a secure, scalable and cost-efficient protocol for implementing timed information delivery service in a decentralized blockchain network. SilentDelivery employs a novel combination of threshold secret…

密码学与安全 · 计算机科学 2021-07-20 Chao Li , Balaji Palanisamy
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