Credit networks represent a way of modeling trust between entities in a network. Nodes in the network print their own currency and trust each other for a certain amount of each other's …
The global economy relies on digital transactions between entities who do not trust one another. Today, such transactions are handled by intermediaries who extract fees (eg, credit …
In order to scale transaction rates for deployment across the global web, many cryptocurrencies have deployed so-called” Layer-2” networks of private payment channels …
In this paper, we propose a technique for rebalancing link weights in decentralized credit networks. Credit networks are peer-to-peer trust-based networks that enable fast and …
A Jin, Y Ye, B Lee, Y Qiao - International Journal of Network …, 2024 - Wiley Online Library
The Ripple network is one typical blockchain‐based decentralized credit network, which supports money transfer without physical money movement by only transferring the credits …
While being decentralized, secure, and reliable, Bitcoin and many other blockchain-based cryptocurrencies suffer from scalability issues. One of the promising proposals to address …
Off-chain payment channels were introduced as one of the solutions to the blockchain scalability problem. The channels shape a network, where parties have to lock funds for their …
Credit networks provide a flexible model of distributed trust, which supports transactions between untrusted counterparties through paths of intermediaries. We extend this model by …
SM Varma, ST Maguluri - IEEE Transactions on Control of …, 2021 - ieeexplore.ieee.org
Cryptocurrency networks, such as Bitcoin, have emerged as a distributed alternative to traditional centralized financial transaction networks. However, there are major challenges …