A centrality analysis of the Lightning Network

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dc.contributor.authorZabka, Philipp
dc.contributor.authorFörster, Klaus-T.
dc.contributor.authorDecker, Christian
dc.contributor.authorSchmid, Stefan
dc.date.accessioned2024-08-27T09:12:04Z
dc.date.available2024-08-27T09:12:04Z
dc.date.issued2023
dc.description.abstractBlockchain 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.
dc.description.sponsorshipWe acknowledge the Austrian Science Fund (FWF) and netIDEE SCIENCE project P 33775-N (ReactNet) and supported by the German Federal Ministry of Education and Research (BMBF) , project 6G-RIC, grant 16KISK020K (6G-RIC), 2021–2025.
dc.identifier.citationZabka, 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
dc.identifier.doi10.1016/j.telpol.2023.102696
dc.identifier.issnissn:0308-5961
dc.identifier.urihttps://www.weizenbaum-library.de/handle/id/729
dc.language.isoeng
dc.rightsopen access
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectlightning network
dc.subjectbetweenness centrality
dc.subjectgini coefficient
dc.subjecthistoric analysis
dc.subjectblockchain technology
dc.subjectcryptocurrency
dc.titleA centrality analysis of the Lightning Network
dc.typeArticle
dc.type.statuspublishedVersion
dcmi.typeText
dcterms.bibliographicCitation.urlhttps://doi.org/10.1016/j.telpol.2023.102696
local.researchgroupDigitale Ökonomie, Internet, Ökosystem und Internet-Policy
local.researchtopicDigitale Märkte und Öffentlichkeiten auf Plattformen
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