Towards Bitcoin Payment Networks
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  • 刊名:Lecture Notes in Computer Science
  • 出版年:2016
  • 出版时间:2016
  • 年:2016
  • 卷:9722
  • 期:1
  • 页码:57-76
  • 全文大小:996 KB
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  • 作者单位:Patrick McCorry (15)
    Malte Möser (16)
    Siamak F. Shahandasti (15)
    Feng Hao (15)

    15. School of Computing Science, Newcastle University, Newcastle upon Tyne, UK
    16. Department of Information Systems, University of Münster, Münster, Germany
  • 丛书名:Information Security and Privacy
  • ISBN:978-3-319-40253-6
  • 刊物类别:Computer Science
  • 刊物主题:Artificial Intelligence and Robotics
    Computer Communication Networks
    Software Engineering
    Data Encryption
    Database Management
    Computation by Abstract Devices
    Algorithm Analysis and Problem Complexity
  • 出版者:Springer Berlin / Heidelberg
  • ISSN:1611-3349
  • 卷排序:9722
文摘
Bitcoin as deployed today does not scale. Scalability research has focused on two directions: (1) redesigning the Blockchain protocol, and (2) facilitating ‘off-chain transactions’ and only consulting the Blockchain if an adjudicator is required. In this paper we focus on the latter and provide an overview of Bitcoin payment networks. These consist of two components: payment channels to facilitate off-chain transactions between two parties, and the capability to fairly exchange bitcoins across multiple channels. We compare Duplex Micropayment Channels and Lightning Channels, before discussing Hashed Time-Locked Contracts which enable Bitcoin-based payment networks. Finally, we highlight challenges for route discovery in these networks.

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