作者
Ahmet Kurt, Kemal Akkaya, Sabri Yilmaz, Suat Mercan, Omer Shlomovits, Enes Erdin
发表日期
2023/9/20
期刊
IEEE Transactions on Mobile Computing
页码范围
1-17
简介
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, solves most of these problems with an innovative concept called off-chain payments. With this advancement, Bitcoin has become an attractive venue to perform micro-payments which can also be adopted in many IoT applications (e.g., toll payments). Nevertheless, it is not feasible to host LN and Bitcoin on IoT devices due to the storage, memory, and processing restrictions. Therefore, in this paper, we propose a secure and efficient protocol that enables an IoT device to use LN's functions through an untrusted gateway node. Through this gateway which hosts the LN and Bitcoin nodes, the IoT device can open & close LN channels and send & receive LN payments. This …
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