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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) are a promising technology that alleviates blockchain scalability by shifting the transaction load from the blockchain to the PCN. Nevertheless, the network topology has to be carefully designed to maximise…

分布式、并行与集群计算 · 计算机科学 2025-08-21 Krishnendu Chatterjee , Jan Matyáš Křišťan , Stefan Schmid , Jakub Svoboda , Michelle Yeo

Payment channel networks (PCNs) are a promising solution to the scalability problem of cryptocurrencies. Any two users connected by a payment channel in the network can theoretically send an unbounded number of instant, costless…

计算机科学与博弈论 · 计算机科学 2023-06-29 Zeta Avarikioti , Tomasz Lizurej , Tomasz Michalak , Michelle Yeo

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…

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) 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…

密码学与安全 · 计算机科学 2022-01-20 Philipp Zabka , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

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

Payment channel networks (PCNs) are a promising technology to improve the scalability of cryptocurrencies. PCNs, however, face the challenge that the frequent usage of certain routes may deplete channels in one direction, and hence prevent…

数据结构与算法 · 计算机科学 2022-09-27 Mahsa Bastankhah , Krishnendu Chatterjee , Mohammad Ali Maddah-Ali , Stefan Schmid , Jakub Svoboda , Michelle Yeo

Payment Channel Networks (PCNs) have been proposed as an alternative solution to the scalability, throughput, and cost overhead problems associated with blockchain transactions. By facilitating offchain execution of transactions, PCNs…

密码学与安全 · 计算机科学 2024-11-20 Kartick Kolachala , Mohammed Ababneh , Roopa Vishwanathan

Payment channel is a class of techniques designed to solve the scalability problem of blockchain. By establishing channels off the blockchain to form payment channel networks (PCNs), users can make instant payments without interacting with…

网络与互联网体系结构 · 计算机科学 2022-10-14 Wenhui Wang , Ke Mu , Xuetao Wei

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

Payment channel networks (PCNs) have emerged as a scalability solution for blockchains built on the concept of a payment channel: a setting that allows two nodes to safely transact between themselves in high frequencies based on…

系统与控制 · 电气工程与系统科学 2021-04-01 Nikolaos Papadis , Leandros Tassiulas

Payment channel networks (PCNs) are among the most promising solutions to the scalability issues in permissionless blockchains, by allowing parties to pay each other off-chain through a path of payment channels (PCs). However, routing…

密码学与安全 · 计算机科学 2024-05-10 Lukas Aumayr , Esra Ceylan , Yannik Kopyciok , Matteo Maffei , Pedro Moreno-Sanchez , Iosif Salem , Stefan Schmid

Payment channel networks (PCNs) are a promising approach to making cryptocurrency transactions faster and more scalable. At their core, PCNs bypass the blockchain by routing transactions through intermediary channels. However, a channel can…

数据结构与算法 · 计算机科学 2026-05-19 Marcin Bienkowski , Julien Dallot , Dominik Danelski , Maciej Pacut , Stefan Schmid

Payment channels are the most prominent solution to the blockchain scalability problem. We introduce the problem of network design with fees for payment channels from the perspective of a Payment Service Provider (PSP). Given a set of…

数据结构与算法 · 计算机科学 2018-10-18 Georgia Avarikioti , Gerrit Janssen , Yuyi Wang , Roger Wattenhofer

Payment channel is a protocol which allows cryptocurrency users to route multiple transactions through network without committing them to the main blockchain network (mainnet). This ability makes them the most prominent solution to…

计算机科学与博弈论 · 计算机科学 2021-07-08 MohammadAmin Fazli , Seyed Moeen Nehzati , MohammadAmin Salarkia

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…

机器学习 · 计算机科学 2025-10-24 Vincent Davis , Emanuele Rossi , Vikash Singh

Payment channel networks are an approach to improve the scalability of blockchain-based cryptocurrencies. The Lightning Network is a payment channel network built for Bitcoin that is already used in practice. Because the Lightning Network…

密码学与安全 · 计算机科学 2025-05-22 Matthias Grundmann , Hannes Hartenstein

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

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
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