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Zero-History Confidential Chains with Zero-Knowledge Contracts: A New Normal for Decentralized Ledgers?
Conference paper   Peer reviewed

Zero-History Confidential Chains with Zero-Knowledge Contracts: A New Normal for Decentralized Ledgers?

Jayamine Alupotha, Xavier Boyen and Matthew McKague
Computer Security – ESORICS 2022: 27th European Symposium on Research in Computer Security, Copenhagen, Denmark, September 26–30, 2022, Proceedings, Part I, pp.67-88
European Symposium on Research in Computer Security, 27th (Copenhagen, Denmark, 26-Sep-2022–30-Sep-2022)
Lecture Notes in Computer Science, 13554, Springer
2022

Abstract

scalability confidential transaction post-quantum cryptography zero-knowledge proofs
Popular public blockchains face many problems due to their catastrophic blockchain sizes and verification time, e.g., lack of peer scalability, high computational fees, and impractical overheads for syncing. The origin of these problems is preserving everything that comes with the architecture of "append-only" blockchains, e.g., Bitcoin, Ethereum, Hyperledger, etc. Zero-history blockchains like Origami address the root of these problems by removing the history. We propose two Origami confidential chains, classical and quantum-safe, with zero-knowledge contracts. This paper demonstrates that zero-history blockchains should be the new normal blockchain structure due to their high scalability even with post-quantum settings and zero-knowledge contracts.

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