Bitcoin-compatible virtual channels

Current permissionless cryptocurrencies such as Bitcoin suffer from a limited transaction rate and slow confirmation time, which hinders further adoption. Payment channels are one of the most promising solutions to address these problems, as they allow the parties of the channel to perform arbitrarily many payments in a peer-to-peer fashion...

Practical Exchange for Unique Digital Goods

Smart contracts can be used for the fair exchange of digital goods. A smart contract can escrow the exchange where the receiver deposits the payment, and the sender claims it by providing the goods. In the case of misbehavior, the parties provide proof on whether the received goods match the pre-agreed description or not. In general, the...