{"document_id":"BLC-STUDY-0178","slug":"channel-factories","title":"Scalable Funding of Bitcoin Micropayment Channel Networks","authors":"Conrad Burchert, Christian Decker and Roger Wattenhofer","year":2018,"date_label":"2018","publisher":"Conrad Burchert, Christian Decker and Roger Wattenhofer","paper_type":"Design paper","category":"Interoperability","topics":["Interoperability"],"source_url":"https://tik-old.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf","source_label":"Burchert, Decker, Wattenhofer","legacy_pdf_path":null,"sha256":null,"sha256_note":"No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.","version":"Source cited by the 2018 study. The study is the reading. This page does not add a second essay.","doi":null,"rights_status":"Official external source only","source_status":"Official source","use_status":"Metadata and commentary only. The reading is the study page.","licence":null,"licence_label":"No licence recorded. Rights status under review.","full_text":null,"full_text_reason":"Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.","editorial_line":"A factory is a shared on-chain output that several parties can use to allocate many channels off-chain, so the chain sees the factory and not every channel.","canonical_url":"https://blockchainlab.com/whitepaper/channel-factories","record_url":"https://blockchainlab.com/research/corpus/papers/channel-factories","study_url":"https://blockchainlab.com/whitepaper/channel-factories","last_reviewed":"2026-10-01","last_checked":"2026-10-01","relationships":[{"rel":"Canonical reading","label":"Channel factories study","href":"/whitepaper/channel-factories"},{"rel":"Related paper","label":"Lightning","href":"/whitepaper/lightning"},{"rel":"Related paper","label":"Eltoo","href":"/whitepaper/eltoo"}]}