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PCNsim: A Flexible and Modular Simulator for Payment Channel Networks

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Author(s):
Rebello, Gabriel Antonio F. ; Camilo, Gustavo F. ; Potop-Butucaru, Maria ; Campista, Miguel Elias M. ; de Amorim, Marcelo Dias ; Costa, Luis Henrique M. K. ; IEEE
Total Authors: 7
Document type: Journal article
Source: IEEE INFOCOM 2022 - IEEE CONFERENCE ON COMPUTER COMMUNICATIONS WORKSHOPS (INFOCOM WKSHPS); v. N/A, p. 2-pg., 2022-01-01.
Abstract

Payment channel networks (PCN) enable the use of cryptocurrencies in everyday life by solving the performance issues of blockchains. Nevertheless, the main implementations of payment channel networks lack the flexibility to test new proposals that can address fundamental challenges, such as efficient payment routing and maximization of the payment success rate. In this demo paper, we propose PCNsim, an open-source simulator based on OMNeT++, which fully reproduces the default behavior of a payment channel network. We build the simulator in a modular architecture that allows easy topology/workload customization and automates result visualization. The core mechanism of PCNsim implements the specifications of the Lightning Network. We evaluate our proposal with a dataset of credit card transactions in a scale-free topology and show that it successfully demonstrates the difference between two routing methods in different setups. (AU)

FAPESP's process: 15/24485-9 - Future internet for smart cities
Grantee:Fabio Kon
Support Opportunities: Research Projects - Thematic Grants
FAPESP's process: 15/24494-8 - Communications and processing of big data in cloud and fog computing
Grantee:Nelson Luis Saldanha da Fonseca
Support Opportunities: Research Projects - Thematic Grants
FAPESP's process: 18/23292-0 - ACCRUE-SFI project: advanced collaborative research infrastructure for secure future internet
Grantee:Otto Carlos Muniz Bandeira Duarte
Support Opportunities: Regular Research Grants
FAPESP's process: 14/50937-1 - INCT 2014: on the Internet of the Future
Grantee:Fabio Kon
Support Opportunities: Research Projects - Thematic Grants
FAPESP's process: 15/24514-9 - Stream project: security in real-time with elasticity, analytic, and monitoring
Grantee:Otto Carlos Muniz Bandeira Duarte
Support Opportunities: Regular Research Grants