作者
Enes Erdin, Mumin Cebe, Kemal Akkaya, Eyuphan Bulut, A Selcuk Uluagac
发表日期
2019/7/14
研讨会论文
2019 IEEE International Conference on Blockchain (Blockchain)
页码范围
294-301
出版商
IEEE
简介
While Bitcoin dominates the market for cryptocurrencies, its use in micropayments is still a challenge due to its long transaction validation times and high fees. Recently, the concept of off-chain payments is introduced that led to the idea of establishing a payment network called Lightning Network (LN). Off-chain links provide the ability to do transactions without writing to Blockchain. However, LN's design still favors fees and is creating hub nodes that defeat the purpose of Blockchain. In addition, it is still not reliable as not all the transactions are guaranteed to be transmitted to their destinations. If current retailers would like to use it, these problems might hinder its adoption. To address this issue, in this paper, we advocate creating a private payment network among a given set of retailers that will serve their business needs, just like the idea of private Blockchains. The goal is to build a pure peer-to-peer topology that …
引用总数
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学术搜索中的文章
E Erdin, M Cebe, K Akkaya, E Bulut, AS Uluagac - 2019 IEEE International Conference on Blockchain …, 2019