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Sri AravindaKrishnan
@aravind16coiner
Post Doc at NTT Research , CMU . PhD from FAU Germany . Interested in: Applied cryptography, Fairness, Blockchain, Cryptocurrency

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Here's a succinct article by CMU's Cylab about my work on atomic Swaps that I will present (remotely) at IEEE SP'22 tomorrow!
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A new protocol developed by @CyLab's @Aravind2112 boosts #security *and* #privacy when swapping #cryptocurrency on the #blockchain. "You should control your coins, and you don’t want to leak any information about them." Check out the new research 👇 cylab.cmu.edu/news/2022/05/2
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Happy to announce a new work on yet another new application of time lock puzzles for stronger security in Byzantine consensus. We give new constructions of TLPs where we can batch solve unbounded number of puzzles (with iO). Shravan and Giulio.
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#ePrint Transparent Batchable Time-lock Puzzles and Applications to Byzantine Consensus: S Srinivasan, J Loss, G Malavolta, K Nayak, C Papamanthou, SA Thyagarajan ia.cr/2022/1421
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This is made possible by a new crypto primitive called "Verifiable Witness Encryption Based on Threshold Signatures". It allows verifiably encrypting a secp256k1 secret key (adaptor) that can be decrypted with a threshold number of signatures of some oracles on a specific event.
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Oracles no longer need to announce the events they attest to and keep state about them. Running an oracle can be as simple as scraping a website and publishing signatures. Users set up contracts that require t-of-n sigs from different oracles, who never have to talk to each other
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However in Rapidash, we turn the tables around. The funds are locked in currency B first, followed by the locking of coins in currency A. A cheap acknowledgement is given by the user owning coins in currency B, and only then the lock in currency B becomes eligible for a release
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If there is a delay, the funds are refunded. This approach is taken to ensure the user owning currency B is guaranteed that a lock has been set in currency A before he sets a lock in currency B allowing the other user to release the lock and get the coins in currency B.
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Current approach to swap coins between currency A and currency B is that users first lock funds in currency A, and then setup an atomic lock in currency B. The idea would be to release the lock in currency B and in turn trigger the release of lock in currency A.
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Happy to have this work accepted at Esorics 2022!! We had the first uni-directional payment channel for Monero's transaction scheme. A more powerful generalisation of this that captures bi-directional channels is our Sleepy channels that will appear at CCS this year.
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PayMo: Payment channels for Monero! Monero users can now make fast off chain payments without requiring any fork on the Monero chain! Check out the paper eprint.iacr.org/2020/1441 Co-authored by Giulio Malavolta, Fritz Schmidt and Dominique Schröder. @MoneroTalk @monero
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