diff --git a/common/src/main/java/haveno/common/util/SingleThreadExecutorUtils.java b/common/src/main/java/haveno/common/util/SingleThreadExecutorUtils.java
index 6e336c00..d9af624c 100644
--- a/common/src/main/java/haveno/common/util/SingleThreadExecutorUtils.java
+++ b/common/src/main/java/haveno/common/util/SingleThreadExecutorUtils.java
@@ -11,8 +11,8 @@
  * FITNESS FOR A PARTICULAR PURPOSE. See the GNU Affero General Public
  * License for more details.
  *
- * You should have received a copy of the GNU Affero General Public License
- * along with Bisq. If not, see <http://www.gnu.org/licenses/>.
+ * You should have received a copy of the GNU Affero General Public
+ * License along with Bisq. If not, see <http://www.gnu.org/licenses/>.
  */
 
 package haveno.common.util;
@@ -25,38 +25,67 @@ import java.util.concurrent.ExecutorService;
 import java.util.concurrent.Executors;
 import java.util.concurrent.ThreadFactory;
 
+/**
+ * Utility class for creating single-threaded executors.
+ */
 public class SingleThreadExecutorUtils {
+    
+    private SingleThreadExecutorUtils() {
+        // Prevent instantiation
+    }
+
     public static ExecutorService getSingleThreadExecutor(Class<?> aClass) {
-        String name = aClass.getSimpleName();
-        return getSingleThreadExecutor(name);
+        validateClass(aClass);
+        return getSingleThreadExecutor(aClass.getSimpleName());
     }
 
     public static ExecutorService getNonDaemonSingleThreadExecutor(Class<?> aClass) {
-        String name = aClass.getSimpleName();
-        return getSingleThreadExecutor(name, false);
+        validateClass(aClass);
+        return getSingleThreadExecutor(aClass.getSimpleName(), false);
     }
 
     public static ExecutorService getSingleThreadExecutor(String name) {
+        validateName(name);
         return getSingleThreadExecutor(name, true);
     }
 
     public static ListeningExecutorService getSingleThreadListeningExecutor(String name) {
+        validateName(name);
         return MoreExecutors.listeningDecorator(getSingleThreadExecutor(name));
     }
 
     public static ExecutorService getSingleThreadExecutor(ThreadFactory threadFactory) {
+        validateThreadFactory(threadFactory);
         return Executors.newSingleThreadExecutor(threadFactory);
     }
 
     private static ExecutorService getSingleThreadExecutor(String name, boolean isDaemonThread) {
-        final ThreadFactory threadFactory = getThreadFactory(name, isDaemonThread);
+        ThreadFactory threadFactory = getThreadFactory(name, isDaemonThread);
         return Executors.newSingleThreadExecutor(threadFactory);
     }
 
     private static ThreadFactory getThreadFactory(String name, boolean isDaemonThread) {
         return new ThreadFactoryBuilder()
-                .setNameFormat(name)
+                .setNameFormat(name + "-%d")
                 .setDaemon(isDaemonThread)
                 .build();
     }
+
+    private static void validateClass(Class<?> aClass) {
+        if (aClass == null) {
+            throw new IllegalArgumentException("Class must not be null.");
+        }
+    }
+
+    private static void validateName(String name) {
+        if (name == null || name.isEmpty()) {
+            throw new IllegalArgumentException("Name must not be null or empty.");
+        }
+    }
+
+    private static void validateThreadFactory(ThreadFactory threadFactory) {
+        if (threadFactory == null) {
+            throw new IllegalArgumentException("ThreadFactory must not be null.");
+        }
+    }
 }