On the (Not So) Surprising Impact of Multi-Path Payments on Performance And Privacy in the Lightning Network

C Ndolo, F Tschorsch - European Symposium on Research in Computer …, 2023 - Springer
The Lightning network (LN) addresses Bitcoin's scalability issues by providing fast and
private payment processing. In order to mitigate failures caused by insufficient channel …

A multipath payment scheme supporting proof of payment

H Qian, L You - Wireless Communications and Mobile …, 2022 - Wiley Online Library
Blockchain technology has always been plagued by performance problems. Given this
problem, many scaling schemes have been put forward. A layer 2 network is a technology …

Scalable lightning factories for bitcoin

AR Pedrosa, M Potop-Butucaru… - Proceedings of the 34th …, 2019 - dl.acm.org
Bitcoin, the most popular blockchain system, does not scale even under very optimistic
assumptions. Lightning networks, a layer on top of Bitcoin, composed of one-to-one lightning …

Feasibility Study of Micropayment on IoT device

R Nakada, K Nguyen, H Sekiya - IEICE Technical Report; IEICE Tech …, 2020 - ken.ieice.org
(in English) There is an increasing demand for using micropayment, a small amount of
electronic payment of several yen or tens of yen, such as IoT applications. That type of …

Routing Fee Adjustment Strategies in Payment Channels

B Ladóczki, Z Luo - 2023 Fifth International Conference on …, 2023 - ieeexplore.ieee.org
Offloading payments from the blockchain to increase transaction throughput (tps) is a
common technique that has been applied to several mainstream cryptocurrencies. In layer 2 …

An empirical analysis of privacy in the lightning network

G Kappos, H Yousaf, A Piotrowska, S Kanjalkar… - … Cryptography and Data …, 2021 - Springer
Payment channel networks, and the Lightning Network in particular, seem to offer a solution
to the lack of scalability and privacy offered by Bitcoin and other blockchain-based …

Comparative Analysis of Lightning's Routing Clients

SP Kumble, S Roos - 2021 IEEE International Conference on …, 2021 - ieeexplore.ieee.org
Lightning Network, the off-chain solution to Bitcoin, uses a combination of source routing,
layered encryption and conditional commitments to perform anonymous and atomic multi …

[PDF][PDF] Payment Channel Network Analysis with Focus on Lightning Network

P Holzer - 2020 - publik.tuwien.ac.at
During the financial crisis in 2008, a digital, distributed and decentralised crypto currency
arose. Bitcoin was intended to overcome control and censorship by governmental …

Lightning network economics: Channels

P Guasoni, G Huberman… - Management …, 2023 - pubsonline.informs.org
Compared with existing payment systems, Bitcoin's throughput is low. Designed to address
Bitcoin's scalability challenge, the Lightning Network (LN) is a protocol allowing two parties …

The lightning network: Turning bitcoin into money

A Divakaruni, P Zimmerman - Finance Research Letters, 2023 - Elsevier
Abstract The Lightning Network (LN) is a means of netting Bitcoin payments outside the
blockchain. We find a significant association between LN adoption and reduced blockchain …