pith. sign in

arxiv: 1902.07307 · v1 · pith:6XNPWV5Unew · submitted 2019-01-25 · 💻 cs.CR

The evolution of Lightning Network's Topology during its first year and the influence over its core values

classification 💻 cs.CR
keywords evolutionnetworkbeenbitcoincorelightningtopologytransactions
0
0 comments X
read the original abstract

It is now a whole year since Lightning Network (LN) has been launched on the Bitcoi's mainnet. LN has been claimed as the solution for several of Bitcoin's weaknesses such as its difficulty to scale in number of transactions per second and its expensiveness for relative small amount exchanged. LN is based upon a network of micro-channels opened and closed by issuing transactions on the Blockchain and capable to interact among themselves thanks to the Multi-hop framework. In this work I analysed the evolution of LN from its topological point of view and tried to understand how it impacts over some of Bitcoin's historical core foundamentals such as the resilience against attacks and failures and the user's anonymity. Another question I have tried to answer is whether the evolution of LN's topology will make its synchronization easier.

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.

Forward citations

Cited by 1 Pith paper

Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score.

  1. Shared Channel Capacity and Node Lifetime: An Empirical Study of the Lightning Network

    cs.NI 2026-04 conditional novelty 4.0

    In the Lightning Network, node degree mediates the effect of node lifetime on shared channel capacity, and country-level economic conditions significantly influence capacity distribution.