FairRelay: Fair and Cost-Efficient Peer-to-Peer Content Delivery through Payment Channel Networks
Jingyu Liu, Yingjie Xue, Zifan Peng, Chao Lin, Xinyi Huang

TL;DR
FairRelay is a novel protocol that ensures fair, cost-efficient peer-to-peer content delivery with minimal on-chain costs, using a new payment guarantee primitive and proven security framework.
Contribution
We propose FairRelay, introducing Enforceable A-HTLC for atomic payments and proving fairness within the UC framework, reducing on-chain costs in complex P2P content delivery.
Findings
Zero on-chain costs in optimistic scenarios
Constant dispute costs regardless of network complexity
Less than 1.5% overhead in 10-hop relay paths
Abstract
Peer-to-Peer (P2P) content delivery, known for scalability and resilience, offers a decentralized alternative to traditional centralized Content Delivery Networks (CDNs). A significant challenge in P2P content delivery remains: the fair compensation of relayers for their bandwidth contributions. Existing solutions employ blockchains for payment settlements, however, they are not practical due to high on-chain costs and over-simplified network assumptions. In this paper, we introduce FairRelay, a fair and cost-efficient protocol that ensures all participants get fair payoff in complex content delivery network settings. We introduce a novel primitive, Enforceable Accumulative Hashed TimeLock Contract (Enforceable A-HTLC), designed to guarantee payment atomicity - ensuring all participants receive their payments upon successful content delivery. The fairness of FairRelay is proved using…
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Taxonomy
TopicsDigital Rights Management and Security · FinTech, Crowdfunding, Digital Finance · Peer-to-Peer Network Technologies
