A Social-Network-Based Cryptocurrency Wallet-Management Scheme
Effective cryptocurrency key management has become an urgent requirement for modern cryptocurrency. Although a large body of cryptocurrency wallet-management schemes has been proposed, they are mostly constructed for specific application scenarios and often suffer from weak security. In this paper,...
Main Authors: | , , , , , , , |
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Format: | Article |
Language: | English |
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IEEE
2018-01-01
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Series: | IEEE Access |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/8271996/ |
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author | Shuangyu He Qianhong Wu Xizhao Luo Zhi Liang Dawei Li Hanwen Feng Haibin Zheng Yanan Li |
author_facet | Shuangyu He Qianhong Wu Xizhao Luo Zhi Liang Dawei Li Hanwen Feng Haibin Zheng Yanan Li |
author_sort | Shuangyu He |
collection | DOAJ |
description | Effective cryptocurrency key management has become an urgent requirement for modern cryptocurrency. Although a large body of cryptocurrency wallet-management schemes has been proposed, they are mostly constructed for specific application scenarios and often suffer from weak security. In this paper, we propose a more effective, usable, and secure cryptocurrency wallet-management system based on semi-trusted social networks, therein allowing users to collaborate with involved parties to achieve some powerful functions and recovery under certain circumstances. Furthermore, we employ an identity-based hierarchical key-insulated encryption scheme to achieve time-sharing authorization and present a semitrusted portable social-network-based wallet-management scheme that provides the features of securityenhanced storage, portable login on different devices, no-password authentication, flexible key delegation, and so on. The performance analysis shows that our proposed schemes require minimal additional overhead and have low time delays, making them sufficiently efficient for real-world deployment. |
first_indexed | 2024-12-22T19:56:54Z |
format | Article |
id | doaj.art-dd6b226b6a324c52a5e54dd1a146d145 |
institution | Directory Open Access Journal |
issn | 2169-3536 |
language | English |
last_indexed | 2024-12-22T19:56:54Z |
publishDate | 2018-01-01 |
publisher | IEEE |
record_format | Article |
series | IEEE Access |
spelling | doaj.art-dd6b226b6a324c52a5e54dd1a146d1452022-12-21T18:14:24ZengIEEEIEEE Access2169-35362018-01-0167654766310.1109/ACCESS.2018.27993858271996A Social-Network-Based Cryptocurrency Wallet-Management SchemeShuangyu He0https://orcid.org/0000-0001-6496-5336Qianhong Wu1Xizhao Luo2Zhi Liang3Dawei Li4Hanwen Feng5Haibin Zheng6Yanan Li7School of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Computer Science Technology, Soochow University, Suzhou, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaSchool of Electronic and Information Engineering, Beihang University, Beijing, ChinaEffective cryptocurrency key management has become an urgent requirement for modern cryptocurrency. Although a large body of cryptocurrency wallet-management schemes has been proposed, they are mostly constructed for specific application scenarios and often suffer from weak security. In this paper, we propose a more effective, usable, and secure cryptocurrency wallet-management system based on semi-trusted social networks, therein allowing users to collaborate with involved parties to achieve some powerful functions and recovery under certain circumstances. Furthermore, we employ an identity-based hierarchical key-insulated encryption scheme to achieve time-sharing authorization and present a semitrusted portable social-network-based wallet-management scheme that provides the features of securityenhanced storage, portable login on different devices, no-password authentication, flexible key delegation, and so on. The performance analysis shows that our proposed schemes require minimal additional overhead and have low time delays, making them sufficiently efficient for real-world deployment.https://ieeexplore.ieee.org/document/8271996/Cryptographic protocolscryptocurrencywallet-management protocols |
spellingShingle | Shuangyu He Qianhong Wu Xizhao Luo Zhi Liang Dawei Li Hanwen Feng Haibin Zheng Yanan Li A Social-Network-Based Cryptocurrency Wallet-Management Scheme IEEE Access Cryptographic protocols cryptocurrency wallet-management protocols |
title | A Social-Network-Based Cryptocurrency Wallet-Management Scheme |
title_full | A Social-Network-Based Cryptocurrency Wallet-Management Scheme |
title_fullStr | A Social-Network-Based Cryptocurrency Wallet-Management Scheme |
title_full_unstemmed | A Social-Network-Based Cryptocurrency Wallet-Management Scheme |
title_short | A Social-Network-Based Cryptocurrency Wallet-Management Scheme |
title_sort | social network based cryptocurrency wallet management scheme |
topic | Cryptographic protocols cryptocurrency wallet-management protocols |
url | https://ieeexplore.ieee.org/document/8271996/ |
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