Proof of Luck: an Efficient Blockchain Consensus Protocol

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for existing proof of work schemes can make mining equitably distributed by preventing the use of ASICs. Next, we extend the design with proof of time and proof of ownership consensus primitives to make mining energy- and time-efficient. Further improving on these designs, we present a blockchain using a proof of luck consensus protocol. Our proof of luck blockchain uses a TEE platform's random number generation to choose a consensus leader, which offers low-latency transaction validation, deterministic confirmation time, negligible energy consumption, and equitably distributed mining. Lastly, we discuss a potential protection against up to a constant number of compromised TEEs.Comment: SysTEX '16, December 12-16, 2016, Trento, Ital

Performance Analysis of Blockchain Platforms

Blockchain technologies have drawn massive attention to the world these past few years mostly because of the burst of cryptocurrencies like Bitcoin, Etherium, Ripple and many others. A Blockchain, also known as distributed ledger technology, has demonstrated huge potential in saving time and costs. This open-source technology which generates a decentralized public ledger of transactions is widely appreciated for ensuring a high level of privacy through encryption and thus sharing the transaction details only amongst the participants involved in the transactions. The Blockchain is used not only for cryptocurrency but also by various companies to meet their business ends, such as efficient management of supply chains and logistics. The rise and fall of numerous crypto-currencies based on blockchain technology have generated debate among tech-giants and regulatory bodies. There are various groups which are working on standardizing the blockchain technology. At the same time, numerous groups are actively working, developing and fine-tuning their own blockchain platforms. Platforms such as etherium, hyperledger, parity, etc. have their own pros and cons. This research is focused on the performance analysis of blockchain platforms which gives a comparative understanding of these platforms

Design of programmable hardware security modules for enhancing blockchain based security framework

Globalization of the chip design and manufacturing industry has imposed significant threats to the hardware security of integrated circuits (ICs). It has made ICs more susceptible to various hardware attacks. Blockchain provides a trustworthy and distributed platform to store immutable records related to the evidence of intellectual property (IP) creation, authentication of provenance, and confidential data storage. However, blockchain encounters major security challenges due to its decentralized nature of ledgers that contain sensitive data. The research objective is to design a dedicated programmable hardware security modules scheme to safeguard and maintain sensitive information contained in the blockchain networks in the context of the IC supply chain. Thus, the blockchain framework could rely on the proposed hardware security modules and separate the entire cryptographic operations within the system as stand-alone hardware units. This work put forth a novel approach that could be considered and utilized to enhance blockchain security in real-time. The critical cryptographic components in blockchain secure hash algorithm-256 (SHA-256) and the elliptic curve digital signature algorithm are designed as separate entities to enhance the security of the blockchain framework. Physical unclonable functions are adopted to perform authentication of transactions in the blockchain. Relative comparison of designed modules with existing works clearly depicts the upper hand of the former in terms of performance parameters