LockDown: Balance Availability Attack Against Lightning Network Channels

Cristina Pérez-Solà, Alejandro Ranchal-Pedrosa, Jordi Herrera-Joancomartí, Guillermo Navarro-Arribas, Joaquin Garcia-Alfaro

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The Lightning Network (LN) is a payment network running as a second layer on top of Bitcoin and other Blockchains. This paper presents the possibility of performing a balance lockdown in the LN due to misbehaving nodes associated to a given channel. We formalize and introduce a practical attack, minimizing the economic cost of the attack. We present results that validate our claims, and provide experimental results and potential countermeasures to handle the problem.

Original languageEnglish
Title of host publicationFinancial Cryptography and Data Security - 24th International Conference, FC 2020, Revised Selected Papers
EditorsJoseph Bonneau, Nadia Heninger
PublisherSpringer
Pages245-263
Number of pages19
ISBN (Print)9783030512798
DOIs
Publication statusPublished - 1 Jan 2020
Event24th International Conference on Financial Cryptography and Data Security, FC 2020 - Kota Kinabalu, Malaysia
Duration: 10 Feb 202014 Feb 2020

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume12059 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference24th International Conference on Financial Cryptography and Data Security, FC 2020
Country/TerritoryMalaysia
CityKota Kinabalu
Period10/02/2014/02/20

Keywords

  • Bitcoin
  • Blockchain
  • Denial of service
  • Lightning Network (LN)
  • Network security
  • Off-chain payments channels

Fingerprint

Dive into the research topics of 'LockDown: Balance Availability Attack Against Lightning Network Channels'. Together they form a unique fingerprint.

Cite this