Paper 2023/347
Programmable Payment Channels
Abstract
One approach for scaling blockchains is to create bilateral, offchain channels, known as payment/state channels, that can protect parties against cheating via onchain collateralization. While such channels have been studied extensively, not much attention has been given to programmability, where the parties can agree to dynamically enforce arbitrary conditions over their payments without going onchain.
We introduce the notion of a programmable payment channel (
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Published elsewhere. Minor revision. ACNS 2024
- Keywords
- BlockchainLayer-2 Protocol
- Contact author(s)
-
yyang811 @ gatech edu
mominaei @ visa com - History
- 2024-02-12: last of 4 revisions
- 2023-03-09: received
- See all versions
- Short URL
- https://ia.cr/2023/347
- License
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CC BY-NC-SA
BibTeX
@misc{cryptoeprint:2023/347, author = {Yibin Yang and Mohsen Minaei and Srinivasan Raghuraman and Ranjit Kumaresan and Duc V. Le and Mahdi Zamani}, title = {Programmable Payment Channels}, howpublished = {Cryptology {ePrint} Archive, Paper 2023/347}, year = {2023}, url = {https://eprint.iacr.org/2023/347} }