A centrality analysis of the Lightning Network

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Datum
2023
Herausgeber:innen
Autor:innen
Zabka, Philipp
Förster, Klaus-T.
Decker, Christian
Schmid, Stefan
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Zusammenfassung

Blockchain technology has a huge impact on our digital society by enabling a more decentralized economy and policy making. This decentralization is also pivotal in payment Payment channel networks (PCNs), including the Lightning Network, have emerged as a promising solution to the scalability challenges that many blockchain-based cryptocurrencies, like Bitcoin, grapple with. These PCNs, while innovative, also inherit the rigorous dependability demands of the blockchain. A pivotal aspect of this dependability is the need for a high degree of decentralization, essential for mitigating liquidity bottlenecks and on-path attacks.

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Schlagwörter
lightning network \ betweenness centrality \ gini coefficient \ historic analysis \ blockchain technology \ cryptocurrency
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Zitierform
Zabka, P., Förster, K.-T., Decker, C., & Schmid, S. (2023). A centrality analysis of the Lightning Network. Telecommunications Policy, 48(2), 102696. https://doi.org/10.1016/j.telpol.2023.102696