Hybrid lightning protocol: An approach for blockchain scalability issue

Blockchain is the latest disruptive innovation. It is the underlying technology of cryptocurrency. However, the facts show that most cryptocurrencies are stuck in big issues such as scalability issues, resulting in longer transaction times. A two-layer solution was offered in previous studies to solve the scalability problem, but many issues emerged from this idea. Some of the 2 Layer proposals use the Proof of Work (PoW) protocol model, and some other studies use the Proof of Stake (PoS) protocol model. In this study, the authors propose the Hybrid Lightning Protocol to solve the scalability problem of Blockchain networks by combining the Proof of Work (PoW) and Proof of Stake (PoS) protocols without sharding. The author analyzes and designs the development of the Blockchain protocol based on previous research. This research is a Blockchain protocol model that can achieve a maximum throughput of around 1,668,000 transactions/second on a 2 Gbps Fiber network, which can reduce cryptocurrency volatility and shorten transaction times by solving scalability problems.