2.9CRJan 22, 2020
Nonlinear Blockchain Scalability: a Game-Theoretic PerspectiveLin Chen, Lei Xu, Zhimin Gao et al.
Recent advances in the blockchain research have been made in two important directions. One is refined resilience analysis utilizing game theory to study the consequences of selfish behaviors of users (miners), and the other is the extension from a linear (chain) structure to a non-linear (graphical) structure for performance improvements, such as IOTA and Graphcoin. The first question that comes to people's minds is what improvements that a blockchain system would see by leveraging these new advances. In this paper, we consider three major metrics for a blockchain system: full verification, scalability, and finality-duration. We { establish a formal framework and} prove that no blockchain system can achieve full verification, high scalability, and low finality-duration simultaneously. We observe that classical blockchain systems like Bitcoin achieves full verification and low finality-duration, Harmony and Ethereum 2.0 achieve low finality-duration and high scalability. As a complementary, we design a non-linear blockchain system that achieves full verification and scalability. We also establish, for the first time, the trade-off between scalability and finality-duration.
2.7CRSep 14, 2019
Private and Atomic Exchange of Assets over Zero Knowledge Based Payment LedgerZhimin Gao, Lei Xu, Keshav Kasichainula et al.
Bitcoin brings a new type of digital currency that does not rely on a central system to maintain transactions. By benefiting from the concept of decentralized ledger, users who do not know or trust each other can still conduct transactions in a peer-to-peer manner. Inspired by Bitcoin, other cryptocurrencies were invented in recent years such as Ethereum, Dash, Zcash, Monero, Grin, etc. Some of these focus on enhancing privacy for instance crypto note or systems that apply the similar concept of encrypted notes used for transactions to enhance privacy (e.g., Zcash, Monero). However, there are few mechanisms to support the exchange of privacy-enhanced notes or assets on the chain, and at the same time preserving the privacy of the exchange operations. Existing approaches for fair exchanges of assets with privacy mostly rely on off-chain/side-chain, escrow or centralized services. Thus, we propose a solution that supports oblivious and privacy-protected fair exchange of crypto notes or privacy enhanced crypto assets. The technology is demonstrated by extending zero-knowledge based crypto notes. To address "privacy" and "multi-currency", we build a new zero-knowledge proving system and extend note format with new property to represent various types of tokenized assets or cryptocurrencies. By extending the payment protocol, exchange operations are realized through privacy enhanced transactions (e.g., shielded transactions). Based on the possible scenarios during the exchange operation, we add new constraints and conditions to the zero-knowledge proving system used for validating transactions publicly.
5.8CRNov 12, 2018
Efficient Public Blockchain Client for Lightweight UsersLei Xu, Lin Chen, Zhimin Gao et al.
Public blockchains provide a decentralized method for storing transaction data and have many applications in different sectors. In order for users to track transactions, a simple method is to let them keep a local copy of the entire public ledger. Since the size of the ledger keeps growing, this method becomes increasingly less practical, especially for lightweight users such as IoT devices and smartphones. In order to cope with the problem, several solutions have been proposed to reduce the storage burden. However, existing solutions either achieve a limited storage reduction (e.g., simple payment verification), or rely on some strong security assumption (e.g., the use of trusted server). In this paper, we propose a new approach to solving the problem. Specifically, we propose an \underline{e}fficient verification protocol for \underline{p}ublic \underline{b}lock\underline{c}hains, or EPBC for short. EPBC is particularly suitable for lightweight users, who only need to store a small amount of data that is {\it independent of} the size of the blockchain. We analyze EPBC's performance and security, and discuss its integration with existing public ledger systems. Experimental results confirm that EPBC is practical for lightweight users.
1.2DSNov 7, 2018
Election with Bribed Voter Uncertainty: Hardness and Approximation AlgorithmLin Chen, Lei Xu, Shouhuai Xu et al.
Bribery in election (or computational social choice in general) is an important problem that has received a considerable amount of attention. In the classic bribery problem, the briber (or attacker) bribes some voters in attempting to make the briber's designated candidate win an election. In this paper, we introduce a novel variant of the bribery problem, "Election with Bribed Voter Uncertainty" or BVU for short, accommodating the uncertainty that the vote of a bribed voter may or may not be counted. This uncertainty occurs either because a bribed voter may not cast its vote in fear of being caught, or because a bribed voter is indeed caught and therefore its vote is discarded. As a first step towards ultimately understanding and addressing this important problem, we show that it does not admit any multiplicative $O(1)$-approximation algorithm modulo standard complexity assumptions. We further show that there is an approximation algorithm that returns a solution with an additive-$ε$ error in FPT time for any fixed $ε$.