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The Lightning Network is a peer-to-peer network designed to address Bitcoin's scalability challenges, facilitating rapid, cost-effective, and instantaneous transactions through bidirectional, blockchain-backed payment channels among network…

网络与互联网体系结构 · 计算机科学 2025-02-06 Sindura Saraswathi , Christian Kümmerle

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…

密码学与安全 · 计算机科学 2022-08-05 Oğuzhan Ersoy , Jérémie Decouchant , Satwik Prabhu Kimble , Stefanie Roos

Payment channel hub (PCH), by leveraging a powerful hub to reliably provide off-chain payment services, offers an effective enhancement to payment channel networks (PCNs). However, existing approaches typically rely on a single hub to relay…

分布式、并行与集群计算 · 计算机科学 2025-10-31 Lingxiao Yang , Xuewen Dong , Wei Wang , Yong Yu , Sheng Gao , Qiang Qu , Yulong Shen

Payment channel networks like Bitcoin's Lightning network are an auspicious approach for realizing high transaction throughput and almost-instant confirmations in blockchain networks. However, the ability to successfully make payments in…

分布式、并行与集群计算 · 计算机科学 2019-11-27 Oguzhan Ersoy , Stefanie Roos , Zekeriya Erkin

The last decade has experienced a vast interest in Blockchain-based cryptocurrencies with a specific focus on the applications of this technology. However, slow confirmation times of transactions and unforeseeable high fees hamper their…

密码学与安全 · 计算机科学 2020-12-15 Suat Mercan , Enes Erdin , Kemal Akkaya

Permissionless blockchains protocols such as Bitcoin are inherently limited in transaction throughput and latency. Current efforts to address this key issue focus on off-chain payment channels that can be combined in a Payment-Channel…

密码学与安全 · 计算机科学 2019-11-22 Giulio Malavolta , Pedro Moreno-Sanchez , Aniket Kate , Matteo Maffei , Srivatsan Ravi

The Lightning Network (LN) is a prominent payment channel network aimed at addressing Bitcoin's scalability issues. Due to the privacy of channel balances, senders cannot reliably choose sufficiently liquid payment paths and resort to a…

密码学与安全 · 计算机科学 2021-03-16 Rene Pickhardt , Sergei Tikhomirov , Alex Biryukov , Mariusz Nowostawski

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

Payment channels effectively move the transaction load off-chain thereby successfully addressing the inherent scalability problem most cryptocurrencies face. A major drawback of payment channels is the need to ``top up'' funds on-chain when…

密码学与安全 · 计算机科学 2021-10-19 Zeta Avarikioti , Krzysztof Pietrzak , Iosif Salem , Stefan Schmid , Samarth Tiwari , Michelle Yeo

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…

密码学与安全 · 计算机科学 2020-07-14 Ferenc Beres , Istvan Andras Seres , Andras A. Benczur

Off-chain transaction networks can mitigate the scalability issues of today's trustless electronic cash systems such as Bitcoin. However, these peer-to-peer networks also introduce a new attack surface which is not well-understood today.…

密码学与安全 · 计算机科学 2019-09-17 Saar Tochner , Stefan Schmid , Aviv Zohar

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

Today, payment paths in Bitcoin's Lightning Network are found by searching for shortest paths on the fee graph. We enhance this approach in two dimensions. Firstly, we take into account the probability of a payment actually being possible…

网络与互联网体系结构 · 计算机科学 2021-07-13 Rene Pickhardt , Stefan Richter

Payment channel networks (PCNs) offer a promising solution to address the limited transaction throughput of deployed blockchains. However, several attacks have recently been proposed that stress the vulnerability of PCNs to timelock and…

密码学与安全 · 计算机科学 2025-10-01 Zeta Avarikioti , Yuheng Wang , Yuyi Wang

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

Payment channel networks (PCNs) are a promising solution to address blockchain scalability and throughput challenges, However, the security of PCNs and their vulnerability to attacks are not sufficiently studied. In this paper, we introduce…

密码学与安全 · 计算机科学 2025-06-24 Mohammed Ababneh , Kartick Kolachala , Roopa Vishwanathan

As Lightning network payments are neither broadcasted nor publicly stored. Thus LN has been seen not only as scalability but also as privacy solution for Bitcoin. The protocol guarantees that only the latest channel state can be confirmed…

密码学与安全 · 计算机科学 2020-04-02 Sergei Tikhomirov , Rene Pickhardt , Alex Biryukov , Mariusz Nowostawski

Decentralized marketplace applications demand fast, cheap and easy-to-use cryptocurrency payment mechanisms to facilitate high transaction volumes. The standard solution for off-chain payments, state channels, are optimized for frequent…

We introduce a family of PCNs (Payment Channel Networks) characterized by a semi-hierarchical topology and a custom set of channel rebalancing strategies. This family exhibits two interesting benefits, if used as a platform for large-scale,…

分布式、并行与集群计算 · 计算机科学 2024-12-18 Marco Benedetti , Francesco De Sclavis , Marco Favorito , Giuseppe Galano , Sara Giammusso , Antonio Muci , Matteo Nardelli

Payment channel networks provide a fast and scalable solution to relay funds, acting as a second layer to slower and less scalable blockchain protocols. In this paper, we present an accessible, low-cost attack in which the attacker…

密码学与安全 · 计算机科学 2021-02-02 Ayelet Mizrahi , Aviv Zohar