arXiv · 1908.00432
Online Payment Network Design
Abstract
Payment channels allow transactions between participants of the blockchain to be executed securely off-chain, and thus provide a promising solution for the scalability problem of popular blockchains. We study the online network design problem for payment channels, assuming a central coordinator. We focus on a single channel, where the coordinator desires to maximize the number of accepted transactions under given capital constraints. Despite the simplicity of the problem, we present a flurry of impossibility results, both for deterministic and randomized algorithms against adaptive as well as oblivious adversaries.
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Georgia Avarikioti, Kenan Besic, Yuyi Wang, Roger Wattenhofer. 2019-08-01. Online Payment Network Design. https://arxiv.org/abs/1908.00432
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