Funder: Future-Proof Unbiased Decentralized Randomness

A trustworthy source of randomness is a crucial component of many decentralized and crypto-based application systems, especially blockchain consensus. A decentralized random beacon (DRB) periodically outputs a new source of randomness generated using a distributed technique, such as publicly verifia...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:IEEE internet of things journal 2024-03, Vol.11 (6), p.1-1
Hauptverfasser: Li, Zengpeng, Wang, Mei, Tan, Teik Guan, Zhou, Jianying
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext bestellen
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:A trustworthy source of randomness is a crucial component of many decentralized and crypto-based application systems, especially blockchain consensus. A decentralized random beacon (DRB) periodically outputs a new source of randomness generated using a distributed technique, such as publicly verifiable secret sharing (PVSS) or distributed verifiable random functions (VRF). These protocols offer a variety of efficiency versus randomness quality tradeoffs, but guarantee security under a variety of configurations, assumptions, and adversarial models. This paper aims to provide a future-proof unbiased decentralized randomness (abbreviated as Funder) via a post-quantum threshold VRF for sustainable proof-of-stake blockchain. We also provide a generic compiler for achieving post-quantum VRF from a classical VRF solution, but our approach makes use of symmetric-key primitivesOur novel compiler is validated and evaluated using the ZKBoo and ZKB++ quantumsecure zero-knowledge systems, respectively. The implementation of the proof-of-concept demonstrates that the overheads introduced by our solution are acceptable for real-world deployments even in the present day. In addition, we demonstrate the protocol's possible application in lottery-based proof-of-stake consensus protocols.
ISSN:2327-4662
2327-4662
DOI:10.1109/JIOT.2023.3327733