Arcula: A secure hierarchical deterministic wallet for multi-asset blockchains

Adriano Di Luzio, Danilo Francati, Giuseppe Ateniese

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

9 Scopus citations

Abstract

This work presents Arcula, a new design for hierarchical deterministic wallets that brings identity-based public keys to the blockchain. Arcula is built on top of provably secure cryptographic primitives. It generates all its cryptographic secrets from a user-provided seed and enables the derivation of new public keys based on the identities of users, without requiring any secret information. Unlike other wallets, it achieves all these properties while being secure against privilege escalation. We formalize the security model of hierarchical deterministic wallets and prove that an attacker compromising an arbitrary number of users within an Arcula wallet cannot escalate his privileges and compromise users higher in the access hierarchy. Our design works out-of-the-box with any blockchain that enables the verification of signatures on arbitrary messages. We evaluate its usage in a real-world scenario on the Bitcoin Cash network.

Original languageEnglish
Title of host publicationCryptology and Network Security - 19th International Conference, CANS 2020, Vienna, Austria, December 14–16, 2020, Proceedings
EditorsStephan Krenn, Haya Shulman, Serge Vaudenay
Pages323-343
Number of pages21
DOIs
StatePublished - 2020
Event19th International Conference on Cryptology and Network Security, CANS 2020 - Vienna, Austria
Duration: 14 Dec 202016 Dec 2020

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume12579 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference19th International Conference on Cryptology and Network Security, CANS 2020
Country/TerritoryAustria
CityVienna
Period14/12/2016/12/20

Keywords

  • Bitcoin
  • Blockchain
  • Hierarchical deterministic wallet
  • Hierarchical key assignment

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