Paper 2019/219 Original: eprint.iacr.org/2019/219 ↗
Nitro Protocol
Abstract
State channels are an important technique for scaling blockchains, allowing a fixed set of participants to jointly run an application in order to determine how a set of assets should be distributed between them. In this paper, we present a new protocol for constructing state channel networks, allowing state channels to be opened and closed without on-chain transactions and decreasing the number of deposits that need to be held. The protocol readily extends to $n$-party channels and we include the construction of a 3-party virtual channel.
Metadata
- Available format(s)
PDF- Category
- Cryptographic protocols
- Publication info
- Preprint.
- History
- 2019-02-27: last updated
- 2019-02-27: published
- Short URL
- https://ia.cr/2019/219
- License
- https://creativecommons.org/licenses/by/4.0/
BibTeX
@misc{cryptoeprint:2019/219,
author = {Tom Close},
title = {Nitro Protocol},
howpublished = {Cryptology {ePrint} Archive, Paper 2019/219},
year = {2019},
url = {https://eprint.iacr.org/2019/219}
}