Overpass Payment Channels

[cryptskii]

Title: Proposal to Enhance TON Payment Channels using Overpass Channels for Scalability, Privacy, and Efficiency

Description: Hi EmelyanenkoK,

I hope you're doing well. I’ve been working on a new architecture, Overpass Channels, that I believe can greatly enhance the payment channels on the TON Blockchain by addressing key issues like scalability, privacy, liquidity, and censorship resistance.

The core innovations of Overpass Channels include:

• Horizontal Scalability without Validators: By leveraging off-chain processing and unilateral payment channels, Overpass Channels can scale without overburdening the underlying blockchain.
• zk-SNARKs for Privacy and Independent Verification: Transactions are cryptographically proven to be valid without revealing sensitive details (amount, sender, receiver) through zero-knowledge proofs, eliminating the need for network-wide consensus.
• Dynamic Rebalancing and Fluid Liquidity: The system rebalances channels dynamically to maintain optimal liquidity, ensuring efficiency across payment channels.
• Robust Censorship Resistance: The decentralized transaction processing and zk-SNARK integration make it nearly impossible for any entity to censor or block transactions.
• Instant Finality: Transactions achieve finality as soon as they are verified by the recipient, significantly reducing latency and improving the overall user experience.

I’ve attached a link to the full white paper, which provides a comprehensive technical overview of the system, including mathematical proofs, zk-SNARK circuits for transaction validation, and considerations for integrating with TON’s sharding architecture:

Overpass Channels Technical Paper

https://cryptskii.github.io/Overpass_Channels_Technical_Paper.pdf

How Overpass Channels Could Benefit TON:

1. Enhanced Transaction Throughput: The system could dramatically increase transaction capacity without additional strain on the blockchain.
2. Privacy and Security: Through zk-SNARKs, Overpass Channels ensures privacy while maintaining verifiable, tamper-proof state transitions.
3. Seamless Integration with TON: The architecture is designed to integrate with TON’s sharding and cross-shard operations, enabling fluid inter-shard communication.
4. Reduced Fees and Energy Use: Eliminating the need for traditional validators or miners significantly reduces operational costs and energy consumption.

I’d love to discuss how this architecture could be implemented or explored as a potential upgrade to TON’s existing payment channels. I am happy to collaborate or provide any additional details you need to evaluate its feasibility. I wasn't sure exactly how else to get this to you, but I thought that you might appreciate it at least I hope you do. I've worked extremely hard on this for a long time. Well, I've worked hard on scaling a sharded blockchain with ZKPs for a long time which eventually led me to this. I'd be happy to share the repository with you or a member of your team and I would love to work together to bring this to fruition. I have a fairly extensive code base for this already.

Looking forward to your feedback!

Best regards,
Brandon "Cryptskii" Ramsay
TG: @ Cryptskii