Scalable lightning factories for Bitcoin - Archive ouverte HAL Access content directly
Conference Papers Year : 2019

Scalable lightning factories for Bitcoin


Bitcoin, the most popular blockchain system, does not scale even under very optimistic assumptions. Lightning networks, a layer on top of Bitcoin, composed of one-to-one lightning channels make it scale to up to 105 Million users. Recently, Duplex Micropayment Channel factories have been proposed based on opening multiple one-to-one payment channels at once. Duplex Micropayment Channel factories rely on time-locks to update and close their channels. This mechanism yields to situation where users funds time-locking for long periods increases with the lifetime of the factory and the number of users. This makes DMC factories not applicable in real-life scenarios. In this paper, we propose the first channel factory construction, the Lightning Factory that offers a constant collateral cost, independent of the lifetime of the channel and members of the factory. We compare our proposed design with Duplex Micropayment Channel factories, obtaining better performance results by a factor of more than 3000 times in terms of the worst-case constant collateral cost incurred when malicious users use the factory. The message complexity of our factory is n where Duplex Micropayment Channel factories need n2 messages where n is the number of users. Moreover, our factory copes with an infinite number of updates while in Duplex Micropayment Channel factories the number of updates is bounded by the initial time-lock. Finally, we discuss the necessity for our Lightning Factories of BNN, a non-interactive aggregate signature cryptographic scheme, and compare it with Schnorr and ECDSA schemes used in Bitcoin and Duplex Micropayment Channels.
Embargoed file
Embargoed file
0 5 22
Year Month Jours
Avant la publication
Tuesday, August 27, 2024
Embargoed file
Tuesday, August 27, 2024
Please log in to request access to the document

Dates and versions

hal-02443143 , version 1 (29-02-2024)



Alejandro Ranchal-Pedrosa, Maria Potop-Butucaru, Sara Tucci Piergiovanni. Scalable lightning factories for Bitcoin. SAC '19: 34th ACM/SIGAPP Symposium on Applied Computing, Apr 2019, Limassol, Cyprus. pp.302-309, ⟨10.1145/3297280.3297312⟩. ⟨hal-02443143⟩
89 View
0 Download



Gmail Facebook X LinkedIn More