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UBC Theses and Dissertations

A measurement study of Bitcoin Lightning Network Guo, Yuwei

Abstract

As a promising method to enable fast and scalable Bitcoin transactions, Bitcoin Lightning Network (LN) has experienced rapid development since the end of 2017. LN utilizes the so-called "payment channels" to provide fast off-chain transactions, thereby offloading on-chain burden and enabling instant payments. With many new protocols proposed to improve the performance of LN, little is known about the current state of the network such as its topology, channel characteristics and application performance. This thesis conducts a measurement study on the performance of LN and provides some guide on improvement.

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Attribution-NonCommercial-NoDerivatives 4.0 International