A Fast and Scalable Payment Network with Bitcoin Duplex Micropayment Channels

By Christian Decker, Roger Wattenhofer. Safety-critical Systems Symposium, 2015

511 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/51b27a41ca1a33445a1041fcea84341fcf0b8c4c

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Citations in the corpus

Instantaneous Decentralized Poker (2017, background): “As the next section shows, the answer is “yes”.”
Tesseract: Real-Time Cryptocurrency Exchange using Trusted Hardware (2017, unknown): “In this design, each user establishes off-chain bi-directional payment channels [70, 28, 60] with a semi-TTP server S, one channel for each cryptocurrency that the user wishes to trade in.”
On Scaling Decentralized Blockchains - (A Position Paper) (2016, background): “Off-chain transactions have been demonstrated in payment networks [12,21,41], in which payments are routed along paths of pre-established “collateral” channels.”
Anonymous Multi-Hop Locks for Blockchain Scalability and Interoperability (2019, background): “Among the various proposals to solve the scalability issue [22], [23], [38], [48], payment-channels have emerged as the most widely deployed solution in practice.”
Atomic Cross-Chain Swaps (2018, background): “O-chain payment networks [8, 12, 19, 22] circumvent the scalability limits of existing blockchains by conducting multiple transactions o the blockchain, eventually resolving nal balances through a single on-chain transaction.”
TumbleBit: An Untrusted Bitcoin-Compatible Anonymous Payment Hub (2017, background): “The limited functionality of Bitcoin scripts is likely here to stay; indeed, the recent “DAO” theft [3] has highlighted the inherent security risks of Ethereum’s more complex scripting functionalities.”
Zether: Towards Privacy in a Smart Contract World (2020, background): “RSCoin, Solidus, zkLedger, etc. [DM16, CZJ+17, NVV18] operate in a model that falls somewhere between a fully decentralized setting like that of Bitcoin/Ethereum and a centralized setting like that of modern financial systems.”
Solutions to Scalability of Blockchain: A Survey (2020, background): “Besides, there are many other solutions of off-chain payment channel from academia, including Bitcoin Duplex Micropayment Channels [26], Sprites [28], AMHLs [102].”
Bitcoin and Beyond: A Technical Survey on Decentralized Digital Currencies (2016, background): “In the remainder of this survey, we will see some clever protocols [40]–[42] which make heavy use of it.”
Amortizing Secure Computation with Penalties (2016, background): “The works of [21, 8] are concerned with the establishment of a “payment channel” to allows parties to do an unbounded number of money transfers without burdening the blockchain.”
A Survey on Blockchain Interoperability: Past, Present, and Future Trends (2020, background): “tional payments, or cross-chain payments (Bitcoin-Ethereum), such as atomic swaps (or atomic cross-chain swaps) [79]. Atomic swaps are a subset of the HTLCs techniques, enabling cross-chain exchanges [49]. Atomic swaps allow a user to send a certain amount of cryptocurrency to another user, in excha”
Concurrency and Privacy with Payment-Channel Networks (2017, background): “The use of Bitcoin payment channels [6, 32] to realize off-chain payments has flourished as a promising approach to overcome the Bitcoin scalability issue.”
A Survey of Blockchain Technology Applied to Smart Cities: Research Issues and Challenges (2019, background): “Lightning Network [231] and Duplex Micropayment Channels [232] are two examples of off-chain transactions.”