Puncturable Signatures and Applications in Proof-of-Stake Blockchain Protocol

Abstract: Proof-of-stake blockchain protocols are becoming one of the most promising alternatives to the energy-consuming proof-of-work protocols. However, one particularly critical threat in the PoS setting is the well-known long-range attacks caused by secret key leakage (LRSL attack). Specifically, an adversary can attempt to control/compromise accounts possessing substantial stake at some past moment such that double-spend or erase past transactions, violating the fundamental persistence property of blockchain. Puncturable signatures provide a satisfying solution to construct practical proof-of-stake blockchain resilient to LRSL attack, despite of the fact that existent constructions are not efficient enough for practical deployments. In this paper, we provide an in-depth study of puncturable signatures and explore its applications in the proof-of-stake blockchain. We formalize a security model that allows the adversary for adaptive signing and puncturing queries, and show a construction with efficient puncturing operations based on the Bloom filter data structure and strong Diffie-Hellman assumption. The puncturing functionality we desire is for a particular part of message, like prefix, instead of the whole message. Furthermore, we use puncturable signatures to construct practical proof-of-stake blockchain protocols that are resilient to LRSL attack, while previously the forward-secure signature is used to immunize this attack. We implement our scheme and provide experimental results showing that in comparison with the forward-secure signature, our construction performs substantially better on signature size, signing and verification efficiency, significantly on key update efficiency.