The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain

Muhammed F. Esgin; Joseph K. Liu; Shi Feng Sun; Dimaz Ankaa Wijaya

doi:10.1007/978-3-031-32146-7_5

The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain

Muhammed F. Esgin, Joseph K. Liu, Shi Feng Sun, Dimaz Ankaa Wijaya

Department of Software Systems & Cybersecurity

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

Abstract

In this chapter, we are going to give some potential future enhancement on the privacy-preserving blockchain protocol, the Ring Confidential Transaction (RingCT) protocol, which is currently used in the largest cryptocurrency Monero. Our future enhancements include the shortening of the size significantly, from linear to logarithm to the number of possible senders of the transaction. Another cutting-edge enhancement is to provide post-quantum security to the whole RingCT protocol, by using lattice-based cryptography to redesign all algorithms.

Original language	English
Title of host publication	Blockchains
Subtitle of host publication	A Handbook on Fundamentals, Platforms and Applications
Editors	Sushmita Ruj, Salil S. Kanhere, Mauro Conti
Place of Publication	Cham Switzerland
Publisher	Springer
Pages	147-171
Number of pages	25
ISBN (Electronic)	9783031321467
ISBN (Print)	9783031321450
DOIs	https://doi.org/10.1007/978-3-031-32146-7_5
Publication status	Published - 2024

Publication series

Name	Advances in Information Security
Publisher	Springer Nature
Volume	105
ISSN (Print)	1568-2633
ISSN (Electronic)	2512-2193

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10.1007/978-3-031-32146-7_5

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Esgin, M. F., Liu, J. K., Sun, S. F., & Wijaya, D. A. (2024). The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain. In S. Ruj, S. S. Kanhere, & M. Conti (Eds.), Blockchains: A Handbook on Fundamentals, Platforms and Applications (pp. 147-171). (Advances in Information Security; Vol. 105). Springer. https://doi.org/10.1007/978-3-031-32146-7_5

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abstract = "In this chapter, we are going to give some potential future enhancement on the privacy-preserving blockchain protocol, the Ring Confidential Transaction (RingCT) protocol, which is currently used in the largest cryptocurrency Monero. Our future enhancements include the shortening of the size significantly, from linear to logarithm to the number of possible senders of the transaction. Another cutting-edge enhancement is to provide post-quantum security to the whole RingCT protocol, by using lattice-based cryptography to redesign all algorithms.",

author = "Esgin, {Muhammed F.} and Liu, {Joseph K.} and Sun, {Shi Feng} and Wijaya, {Dimaz Ankaa}",

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Esgin, MF , Liu, JK, Sun, SF & Wijaya, DA 2024, The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain. in S Ruj, S S. Kanhere & M Conti (eds), Blockchains: A Handbook on Fundamentals, Platforms and Applications. Advances in Information Security, vol. 105, Springer, Cham Switzerland, pp. 147-171. https://doi.org/10.1007/978-3-031-32146-7_5

The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain. / Esgin, Muhammed F.; Liu, Joseph K.; Sun, Shi Feng et al.
Blockchains: A Handbook on Fundamentals, Platforms and Applications. ed. / Sushmita Ruj; Salil S. Kanhere; Mauro Conti. Cham Switzerland: Springer, 2024. p. 147-171 (Advances in Information Security; Vol. 105).

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

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The Future Ring Confidential Transaction Protocols for Privacy-Preserving Blockchain

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