作者
Sujit Sangram Sahoo, Aravind R Menon, Vijay Kumar Chaurasiya
发表日期
2024/3
期刊
Arabian Journal for Science and Engineering
卷号
49
期号
3
页码范围
3285-3312
出版商
Springer Berlin Heidelberg
简介
Blockchain technology has limitations in terms of scalability and throughput of transactions compared to other payment methods such as VISA and smart cards. But, Off-chain payment solves this issue by performing micro-transactions without communicating with the ledger. Similarly, Ethereum uses smart contracts to complete Off-chain transactions by constructing state and virtual channels. In this model, we develop an n-party payment system that uses state and virtual channels. The proposed model simultaneously executes different contract instances while they belong to other independent channels. Again, a virtual channel having n-intermediaries takes linear time to resolve payment channel disputes by transferring to the Blockchain. We introduce a global contract GSCC that solves the disputes in constant time in the worst case without including Blockchain. The dispute-solving process does not affect any …
引用总数
学术搜索中的文章
SS Sahoo, AR Menon, VK Chaurasiya - Arabian Journal for Science and Engineering, 2024