Yousaf, H;
Kappos, G;
Piotrowska, A;
Kanjalkar, S;
Delgado-Segura, S;
Miller, A;
Meiklejohn, S;
(2021)
An Empirical Analysis of Privacy in the Lightning Network.
In:
Financial Cryptography and Data Security. FC 2021. Lecture Notes in Computer Science, vol 12674.
Springer, Berlin, Heidelberg: Online conference.
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Abstract
Payment channel networks, and the Lightning Network in particular, seem to offer a solution to the lack of scalability and privacy offered by Bitcoin and other blockchain-based cryptocurrencies. Previous research has focused on the scalability, availability, and crypto-economics of the Lightning Network, but relatively little attention has been paid to exploring the level of privacy it achieves in practice. This paper presents a thorough analysis of the privacy offered by the Lightning Network, by presenting several attacks that exploit publicly available information about the network in order to learn information that is designed to be kept secret, such as how many coins a node has available or who the sender and recipient are in a payment routed through the network.
Type: | Proceedings paper |
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Title: | An Empirical Analysis of Privacy in the Lightning Network |
Event: | Financial Cryptography and Data Security |
Dates: | 01 March 2021 - 05 February 2021 |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1007/978-3-662-64322-8_8 |
Publisher version: | https://doi.org/10.1007/978-3-662-64322-8_8 |
Language: | English |
Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Computer Science |
URI: | https://discovery.ucl.ac.uk/id/eprint/10121448 |




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