LRFP : Extending local routing protocols in layer 2 networks with a secure fee model

Blockchains like Bitcoin are known to be victim of scalability issues. The lack in high throughput and low latency form a great bottleneck to its network. A promis- ing solution are layer 2 protocols, more precisely payment channel networks (PCN). Payment success rates are a common metric in these networks. These rates can be in- creased by...

Comparing Lightning Routing Protocols to Routing Protocols with Splitting

The largest payment channel network, Bitcoin Lightning, shows a potential alternative to cur- rent financial systems, overcoming the scalability limitations of blockchain. Source onion routing is used to route payments, but novel routing protocols claim improved effectiveness by employ- ing strategies not compatible with the current state of...