PRI: PCH-based privacy-preserving with reusability and interoperability for enhancing blockchain scalability
Publication Type
Journal Article
Publication Date
10-2023
Abstract
Blockchain systems, one of the most popular distributed systems, are well-applied in various scenarios, e.g., logistics and finance. However, traditional blockchain systems suffer from scalability issues. To tackle this issue, Payment Channel Hubs (PCHs) are proposed. Recent efforts, such as A2L (SP'21) and Teechain (SOSP'19), enhance the privacy, reusability, and interoperability properties of PCHs. Nevertheless, these solutions have intrinsic limitations: they rely on trusted hardware or suffer from the deposit lock-in problem. Furthermore, the functionalities of some of these solutions are restricted to fixed-amount payments and do not support multi-party participation. These aforementioned problems limit their capabilities to alleviate blockchain scalability issues. In this paper, we propose PRI, a novel PCH solution that simultaneously guarantees transaction Privacy (i.e., relationship unlinkability and value confidentiality), deposit Reusability, and blockchain Interoperability, which can mitigate the aforementioned problems. PRI is constructed by several new building blocks, including (1) an atomic deposit protocol that enforces user and hub to deposit equivalent assets in a shared address for building a fair payment channel; (2) a privacy-preserving deposit certification scheme that leverages the Pointcheval and Sanders signature and non-interactive zero-knowledge proof to resolve the deposit lock-in issue in maintaining payment channels; (3) a range proof which ensures the legality and confidentiality of transaction values. We conduct extensive experimental evaluations of PRI, demonstrating that it improves the state-of-the-art approaches in terms of performance.
Keywords
Blockchain, Interoperability, Reusability, Scalability
Discipline
E-Commerce | Finance and Financial Management | Information Security
Research Areas
Cybersecurity
Publication
Journal of Parallel and Distributed Computing
Volume
180
First Page
1
Last Page
15
ISSN
0743-7315
Identifier
10.1016/j.jpdc.2023.104721
Publisher
Elsevier
Citation
LI, Yuxian; WENG, Jian; WU, Wei; LI, Ming; LI, Yingjiu; TU, Haoxin; WU, Yongdong; and DENG, Robert H..
PRI: PCH-based privacy-preserving with reusability and interoperability for enhancing blockchain scalability. (2023). Journal of Parallel and Distributed Computing. 180, 1-15.
Available at: https://ink.library.smu.edu.sg/sis_research/7926
Copyright Owner and License
Authors
Additional URL
https://doi.org/10.1016/j.jpdc.2023.104721