Poster: Measurement on Lightning Network Performance
Xiaoxue Zhang, Sammy Tesfai, Fei Fang, Chen Qian · 2023
Off-chain networks have been designed and utilized to address the scalability challenge and throughput limitation of blockchains. The most widely used one, the Lightning Network (LN), has developed rapidly since its introduction in 2015. While much research has been dedicated to improving LN's routing efficiency, security protocols, and network analysis, there remains a gap in understanding how end-users should establish channels to optimize transaction efficiency. In this work, we conduct a holistic measurement study that focuses on the practical aspects of Lightning Network transaction performance. By evaluating transaction latency, fees, and success rates under diverse sce-narios, we provide users with actionable insights to enhance their network efficiency. Furthermore, our research aids those interested in leveraging the LN for transaction relaying, fostering a more efficient and dynamic network ecosystem. Through empirical findings and analytical deductions, we pave the way for users to harness the full potential of the Lightning Network and contribute to its ongoing growth and development.