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An evaluation of cryptocurrency payment channel networks and their privacy implications
Cryptocurrencies redefined how money can be stored and transferred among users. However, public blockchain-based cryptocurrencies suffer from high transaction waiting times and fees. To address these challenges, the payment channel network concept is touted as the most viable solution to be used for micro-payments. The idea is exchanging the ownership of money by keeping the state of the accounts locally which provides transaction approvals in seconds. Such attention on payment channel networksdoi:10.52953/clbl7402 fatcat:vo5cmaeaxbaufl2fk2sduqq4au