Wiser: Increasing Throughput in Payment Channel Networks with Transaction Aggregation. (arXiv:2205.11597v1 [cs.CR])

Payment channel networks (PCNs) are one of the most prominent solutions to
the limited transaction throughput of blockchains. Nevertheless, PCNs suffer
themselves from a throughput limitation due to the capital constraints of their
channels. A similar dependence on high capital is also found in inter-bank
payment settlements, where the so-called netting technique is used to mitigate
liquidity demands.

In this work, we alleviate this limitation by introducing the notion of
transaction aggregation: instead of executing transactions sequentially through
a PCN, …

channel networks payment