Score: 1

A Formally Verified Lightning Network

Published: March 10, 2025 | arXiv ID: 2503.07200v1

By: Grzegorz Fabiański, Rafał Stefański, Orfeas Stefanos Thyfronitis Litos

Potential Business Impact:

Proves Bitcoin's money-transfer system is safe.

Business Areas:
Blockchain Blockchain and Cryptocurrency

In this work we use formal verification to prove that the Lightning Network (LN), the most prominent scaling technique for Bitcoin, always safeguards the funds of honest users. We provide a custom implementation of (a simplification of) LN, express the desired security goals and, for the first time, we provide a machine checkable proof that they are upheld under every scenario, all in an integrated fashion. We build our system using the Why3 platform.

Repos / Data Links

Page Count
25 pages

Category
Computer Science:
Cryptography and Security