AODV–based routing for payment channel networks

Philipp Hoenisch, Ingo Weber

Publikation: Beitrag in Buch/Bericht/KonferenzbandKonferenzbeitragBegutachtung

10 Zitate (Scopus)

Abstract

Payment Channel Networks such as the Lightning Network (LN), Raiden or COMIT were created to tackle the scalability problems of their underlying blockchains, by moving from expensive and slow on-chain transactions to inexpensive and fast off-chain ones. However, those networks are unregulated and decentralised, comprise point-to-point channels that may be opened or closed without coordination or warning, and fees may change at any time – making routing over these networks a hard problem. In addition, by connecting different blockchains using such off-chain networks, an immense network of channels will evolve which is under continues change. Routing needs to take into account the current network status, availability and distributions of channels’ funding, fees for each node, and exchange rates between different currencies. In this work, we identify requirements for such a routing protocol and adapt the Ad-hoc On-Demand Distance Vector Routing (AODV) protocol to this end by enhancing the messages with information on fees and exchanges rates. This approach allows finding suitable routes through the network, while intermediate nodes can maintain their economic incentives. We simulate different network topologies and evaluate the adapted AODV protocol on 3 different networks of 500, 1,000 and 5,000 nodes.

OriginalspracheEnglisch
TitelBlockchain – ICBC 2018 - 1st International Conference, Held as Part of the Services Conference Federation, SCF 2018, Proceedings
Redakteure/-innenShiping Chen, Liang-Jie Zhang, Harry Wang
Herausgeber (Verlag)Springer Verlag
Seiten107-124
Seitenumfang18
ISBN (Print)9783319944777
DOIs
PublikationsstatusVeröffentlicht - 2018
Extern publiziertJa
Veranstaltung1st International Conference on Blockchain, ICBC 2018 Held as Part of the Services Conference Federation, SCF 2018 - Seattle, USA/Vereinigte Staaten
Dauer: 25 Juni 201830 Juni 2018

Publikationsreihe

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Band10974 LNCS
ISSN (Print)0302-9743
ISSN (elektronisch)1611-3349

Konferenz

Konferenz1st International Conference on Blockchain, ICBC 2018 Held as Part of the Services Conference Federation, SCF 2018
Land/GebietUSA/Vereinigte Staaten
OrtSeattle
Zeitraum25/06/1830/06/18

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