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Georgiev, Ivaylo (author)
Payment Channel Networks have been developed to deal with the scalability issue in blockchain technologies. Using them, two parties can make multiple payments between themselves relatively fast. However, usually the channels have too small capacities, unable to handle a big payment. Allowing to split a payment into smaller payments and...
bachelor thesis 2021
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Heijmans, Han (author)
Popular cryptocurrencies lack scalability. Payment Channel Networks (PCN's) allow a large increase in transaction throughput. However, transaction failures are frequent when transactions are routed through multiple intermediaries. A previously introduced protocol, Interdimensional SpeedyMurmurs, increased the success ratio of transactions in PCN...
bachelor thesis 2021
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de Boer, Rick (author)
The Lightning Network aims to solve Bitcoin's scalability problem by providing a way to transact with minimal use of the blockchain. Instead, payments are routed over payment channel networks. This routing is done by LN clients, which use cost functions to compute the optimal transaction path. With the use of onion routing, LN tries to hide the...
bachelor thesis 2021