May 1, 2023, 1:10 a.m. | Ahmet Kurt, Abdulhadi Sahin, Ricardo Harrilal-Parchment, Kemal Akkaya

cs.CR updates on arXiv.org arxiv.org

Bitcoin is undoubtedly a great alternative to today's existing digital
payment systems. Even though Bitcoin's scalability has been debated for a long
time, we see that it is no longer a concern thanks to its layer-2 solution
Lightning Network (LN). LN has been growing non-stop since its creation and
enabled fast, cheap, anonymous, censorship-resistant Bitcoin transactions.
However, as known, LN nodes need an active Internet connection to operate
securely which may not be always possible. For example, in the aftermath …

bitcoin community digital digital payment great internet lightning mesh network networks payment payments scalability send solution systems wireless

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