Optimal fee structure for efficient lightning networks

• Main Authors: Heng, Alvin Jun Ren, Feng, Ling, Cheong, Siew Ann, Goh, Rick Siow Mong
• Other Authors: School of Physical and Mathematical Sciences
• Format: Conference or Workshop Item
• Language: English
• Published: 2021
• Subjects: Science::Physics; Bitcoin; Blockchain
• Online Access: https://hdl.handle.net/10356/146750
• Institution: Nanyang Technological University

Off-chain transaction handling like the Lightning Network (LN) is among the most promising solutions to solve the scaling challenges in blockchain technology like Bitcoin. At the same time, the LN faces its own challenges like transaction path lengths, centralization of channels (hubs), channel imba...