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.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.