Blockchain-based payment channel networks: Challenges and recent advances

N Papadis, L Tassiulas - IEEE Access, 2020 - ieeexplore.ieee.org
Blockchain technology has been developed with the vision to enable trusted collaboration
between untrusted parties, without the need for a central authority. Despite its many …

MPCN-RP: A routing protocol for blockchain-based multi-charge payment channel networks

Y Chen, Y Ran, J Zhou, J Zhang… - IEEE Transactions on …, 2021 - ieeexplore.ieee.org
Blockchain-based cryptocurrencies are severely limited in transaction throughput and
latency due to the need to seek consensus among all peers of the network. A promising …

Improving transaction success rate in cryptocurrency payment channel networks

S Mercan, E Erdin, K Akkaya - Computer Communications, 2021 - Elsevier
Blockchain-based cryptocurrencies has received a substantial interest in the last decade as
Blockchain can ensure trust among users without relying on third parties. However …

Towards secure and efficient payment channels

G Avarikioti, F Laufenberg, J Sliwinski, Y Wang… - arXiv preprint arXiv …, 2018 - arxiv.org
Micropayment channels are the most prominent solution to the limitation on transaction
throughput in current blockchain systems. However, in practice channels are risky because …

Sok: A taxonomy for layer-2 scalability related protocols for cryptocurrencies

M Jourenko, K Kurazumi, M Larangeira… - Cryptology ePrint …, 2019 - eprint.iacr.org
Blockchain based systems, in particular cryptocurrencies, face a serious limitation:
scalability. This holds, especially, in terms of number of transactions per second. Several …

Payment channel networks: Single-hop scheduling for throughput maximization

N Papadis, L Tassiulas - IEEE INFOCOM 2022-IEEE …, 2022 - ieeexplore.ieee.org
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 parties to safely transact …

Cheapay: An optimal algorithm for fee minimization in blockchain-based payment channel networks

Y Zhang, D Yang, G Xue - ICC 2019-2019 ieee international …, 2019 - ieeexplore.ieee.org
The past several years have witnessed an explosive growth in cryptocurrencies, but the
blockchain-based cryptocurrencies have also raised many concerns, among which a crucial …

A multipath routing for payment channel networks for internet of things microtransactions

H Bi, Y Chen, X Zhu - IEEE Internet of Things Journal, 2022 - ieeexplore.ieee.org
The blockchain with a distributed network structure can provide a reliable and secure
environment for Internet of Things (IoT) transactions, which also suffers from low throughput …

Multi-party payment channel network based on smart contract

Y Chen, X Li, J Zhang, H Bi - IEEE Transactions on Network …, 2022 - ieeexplore.ieee.org
Blockchain-based cryptocurrencies are severely limited in transaction throughput and
latency. A promising solution to this issue is a payment channel, which allows trust-free …

An evaluation of cryptocurrency payment channel networks and their privacy implications

E Erdin, S Mercan, K Akkaya - arXiv preprint arXiv:2102.02659, 2021 - arxiv.org
Cryptocurrencies redefined how money can be stored and transferred among users.
However, independent of the amount being sent, public blockchain-based cryptocurrencies …