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Authors: Hans Hüttel and Vilim Staroveski

Affiliation: Department of Computer Science, Aalborrg University, Denmark

Keyword(s): Cryptographic Protocols, Protocol Verification, Blockchain.

Abstract: The Lightning Network is a second layer protocol that sits on top of the Bitcoin cryptocurrency. It is a decentralized network of payment channels first conceptualized in 2014 and its first implementation was released in 2017. Being a fairly new technology, it may have security issues that we do not know of and the goal of this report is to analyse the Lightning Network to further investigate its security properties. The focus of this analysis is on answering whether the confidential data is kept secret and whether the user authenticity holds in the protocol. In the analysis we use the process algebra to formally describe cryptographic protocols that form the Lightning Network and an automatic cryptographic protocol analyser called ProVerif for their analysis.

CC BY-NC-ND 4.0

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Paper citation in several formats:
Hüttel, H. and Staroveski, V. (2020). Secrecy and Authenticity Properties of the Lightning Network Protocol. In Proceedings of the 6th International Conference on Information Systems Security and Privacy - ICISSP; ISBN 978-989-758-399-5; ISSN 2184-4356, SciTePress, pages 119-130. DOI: 10.5220/0008974801190130

@conference{icissp20,
author={Hans Hüttel. and Vilim Staroveski.},
title={Secrecy and Authenticity Properties of the Lightning Network Protocol},
booktitle={Proceedings of the 6th International Conference on Information Systems Security and Privacy - ICISSP},
year={2020},
pages={119-130},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008974801190130},
isbn={978-989-758-399-5},
issn={2184-4356},
}

TY - CONF

JO - Proceedings of the 6th International Conference on Information Systems Security and Privacy - ICISSP
TI - Secrecy and Authenticity Properties of the Lightning Network Protocol
SN - 978-989-758-399-5
IS - 2184-4356
AU - Hüttel, H.
AU - Staroveski, V.
PY - 2020
SP - 119
EP - 130
DO - 10.5220/0008974801190130
PB - SciTePress