SilentDelivery: Practical Timed-delivery of Private Information using Smart Contracts
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This paper proposes SilentDelivery, a secure, scalable and cost-efficient protocol for implementing timed-delivery of private information in a decentralized blockchain network. SilentDelivery employs a novel combination of threshold secret sharing and decentralized smart contracts. The protocol maintains shares of the decryption key of the private information of an information sender using a group of trustees recruited in a blockchain network before the specified future time-frame and restores the information to the information recipient at the required time-frame. To tackle the key challenges that limit the security and scalability of the protocol, SilentDelivery incorporates two novel countermeasure strategies. The first strategy, namely silent recruitment, enables a trustee to get recruited by a sender silently without the knowledge of any third party. The second strategy, namely dual-mode execution, makes the protocol run in a lightweight mode by default, where the cost of running smart contracts is reduced from O(n) to O(1). We implement the protocol over the Ethereum official test network. The results demonstrate that SilentDelivery is more secure and scalable compared to the state of the art and reduces the cost of running smart contracts by 85
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