Despite the great success of blockchain systems in recent years, blockchains still struggle to
provide the same level of latency and throughput as centralized financial systems. The core …

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 …

The Lightning Network (LN), a second-layer protocol built on top of the Bitcoin blockchain, is
an innovative digital payment solution that offers increased convenience, speed, and cost …

Payment channels effectively move the transaction load off-chain thereby successfully
addressing the inherent scalability problem most cryptocurrencies face. A major drawback of …

The concept of cryptocurrencies is prevalently used in the financial world. Some of the
currencies like Bitcoin and Ethereum have shown promising outputs. The scalability problem …

The use of the term blockchain is documented for disparate projects, from cryptocurrencies
to applications for the Internet of Things (IoT), and many more. The concept of blockchain …

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 …

Payment channel networks, such as Bitcoin's Lightning Network, promise to improve the
scalability of blockchain systems by processing the majority of transactions off-chain. Due to …

Cryptocurrency networks are a promising infrastructure for pseudonymous online payments.
However, low throughput has prevented their widespread acceptance. A promising solution …

As Lightning network payments are neither broadcasted nor publicly stored. Thus LN has
been seen not only as scalability but also as privacy solution for Bitcoin. The protocol …