Research Article

[Retracted] Research on Multiparty Payment Technology Based on Blockchain and Smart Contract Mechanism

Table 1

The performance of each stage of the multiparty payment channel of n users.

FunctionNumber of on-chain transactionsNumber of off-chain transactionsNumber of signatures

Created channel13n − 1n
Off-chain update channel05n + 1Relevant to the actual
On-chain update channel10n
Closed channel13n − 1n