Flood & Loot
Jona Harris, Aviv Zohar
Abstract
The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to happen rarely.
Topics & Concepts
ScalabilityComputer scienceBlockchainLightning (connector)Flood mythLayer (electronics)Computer securityComputer networkOperating systemNanotechnologyGeographyArchaeologyPhysicsMaterials sciencePower (physics)Quantum mechanicsBlockchain Technology Applications and SecurityPeer-to-Peer Network TechnologiesData Stream Mining Techniques