Bitcoin Clique: Channel-free Off-chain Payments using Two-Shot Adaptor Signatures

ePrint Report: Bitcoin Clique: Channel-free Off-chain Payments using Two-Shot Adaptor Signatures

Siavash Riahi, Orfeas Stefanos Thyfronitis Litos

Blockchains suffer from scalability limitations, both in terms of latency and throughput. Various approaches to alleviate this have been proposed, most prominent of which are payment and state channels, sidechains, commit-chains, rollups, and sharding. This work puts forth a novel commit-chain protocol, Bitcoin Clique. It is the first trustless commit-chain that is compatible with all major blockchains, including (an upcoming version of) Bitcoin. …

bitcoin blockchains channel commit eprint report free latency limitations payment payments report scalability sharding sidechains signatures state terms