Research on a New Signature Scheme on Blockchain

With the rise of Bitcoin, blockchain which is the core technology of Bitcoin has received increasing attention. Privacy preserving and performance on blockchain are two research points in academia and business, but there are still some unresolved issues in both respects. An aggregate signature schem...

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Bibliographic Details
Published in:Security and communication networks 2017-01, Vol.2017 (2017), p.1-10
Main Authors: Yuan, Chao, Si, Xue-ming, Xu, Mi-xue
Format: Article
Language:English
Subjects:
Algorithms
Big Data
Blockchain
Cryptography
Curves
Digital currencies
Digital signatures
Peer to peer computing
Performance enhancement
Privacy
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Summary:With the rise of Bitcoin, blockchain which is the core technology of Bitcoin has received increasing attention. Privacy preserving and performance on blockchain are two research points in academia and business, but there are still some unresolved issues in both respects. An aggregate signature scheme is a digital signature that supports making signatures on many different messages generated by many different users. Using aggregate signature, the size of the signature could be shortened by compressing multiple signatures into a single signature. In this paper, a new signature scheme for transactions on blockchain based on the aggregate signature was proposed. It was worth noting that elliptic curve discrete logarithm problem and bilinear maps played major roles in our signature scheme. And the security properties of our signature scheme were proved. In our signature scheme, the amount will be hidden especially in the transactions which contain multiple inputs and outputs. Additionally, the size of the signature on transaction is constant regardless of the number of inputs and outputs that the transaction contains, which can improve the performance of signature. Finally, we gave an application scenario for our signature scheme which aims to achieve the transactions of big data on blockchain.
ISSN:1939-0114
1939-0122
DOI:10.1155/2017/4746586