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arxiv: 1708.02419 · v1 · pith:6R6F2FRMnew · submitted 2017-08-08 · 💻 cs.NI · cs.CR· cs.DC

Towards a Concurrent and Distributed Route Selection for Payment Channel Networks

classification 💻 cs.NI cs.CRcs.DC
keywords paymentchannelalgorithmcapacityconcurrentdistributedflowsnetwork
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Payment channel networks use off-chain transactions to provide virtually arbitrary transaction rates. In this paper, we provide a new perspective on payment channels and consider them as a flow network. We propose an extended push-relabel algorithm to find payment flows in a payment channel network. Our algorithm enables a distributed and concurrent execution without violating capacity constraints. To this end, we introduce the concept of capacity locking. We prove that flows are valid and present first results.

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