Leona Hioki, Erik Rybakken, Yutaka Hashimoto
Abstract
We introduce a new kind of blockchain scaling solution, which can be classified as a kind of Plasma, but without the online requirement of users. Our design satisfies the following requirements:
O(1) state growth per block relative to the number of users if no withdrawal is made
No need for channels or individual liquidity preparations between receivers and the hub
Elimination of online requirements for general users except during sending and receiving (No need of watch tower)
Onchain privacy