By design, the Bitcoin protocol has a low throughput. The Lightning Network (LN) is a layer-two solution built to …

challenge, the Lightning Network (LN) is a protocol allowing two parties to secure bitcoin payments and escrow holdings between … cryptographically secured updates of collaterals. The network of channels increases transaction speed and reduces blockchain congestion …

networks. We varied the network structure, the relative influence of the opponent, and the heterogeneity of the nodes' initial …

efficient network maximizing social welfare, and find that the efficient graph is either empty, complete or shows a strong core … counterfactual analyses, taking into account that the network and production can dynamically adjust to shocks or policy interventions ….6%. Our study further reveals that when ignoring the network structure the impact of firm exit or mergers is significantly …