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Compact Multi-Party Confidential Transactions
Conference paper   Peer reviewed

Compact Multi-Party Confidential Transactions

Jayamine Alupotha, Xavier Boyen and Ernest Foo
Cryptology and Network Security: 19th International Conference, CANS 2020, Vienna, Austria, December 14–16, 2020, Proceedings, pp.430-452
International Conference on Cryptology and Network Security (CANS), 19th (Vienna, Austria, 14-Dec-2020–16-Dec-2020)
Lecture Notes in Computer Science, 12579, Springer
2020

Abstract

"Confidential Transactions", integrated transactions of commitments, signatures, and zero-knowledge range proofs, are favored for their ability to hide transaction amounts. In the real world, multi-party fund transfers are highly desirable for personal and business security. Unfortunately, existing unproven Multi-Party Confidential Transactions are linear in the (exact) number of co-owners; hence they are not compact, very scalable, nor private (leak number of users and their public information). In this study, we provide provably secure private, compact Multi-Party Confidential Transactions, in both the "unanimous" N-out-of-N and "threshold" T-out-of-N settings. Unlike other schemes, our multi-party transactions have the size of single-owner transactions and hide the number of participants. To the best of our knowledge, ours is the first proven secure multi-party and threshold confidential transaction protocol.

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