A Centrality Analysis of the Lightning Network. (arXiv:2201.07746v1 [cs.CR]) | allinfosecnews.com

Jan. 20, 2022, 2:20 a.m. | Philipp Zabka, Klaus-Tycho Foerster, Stefan Schmid, Christian Decker

cs.CR updates on arXiv.org arxiv.org

Payment channel networks (PCNs) such as the Lightning Network offer an
appealing solution to the scalability problem faced by many cryptocurrencies
operating on a blockchain such as Bitcoin. However, PCNs also inherit the
stringent dependability requirements of blockchain. In particular, in order to
mitigate liquidity bottlenecks as well as on-path attacks, it is important that
payment channel networks maintain a high degree of decentralization. Motivated
by this requirement, we conduct an empirical centrality analysis of the popular
Lightning Network, and …

analysis lightning network

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