Welcome to the resource topic for 2024/903
Title:
Nopenena Untraceable Payments: Defeating Graph Analysis with Small Decoy Sets
Authors: Jayamine Alupotha, Mathieu Gestin, Christian Cachin
Abstract:Decentralized payments have evolved from using pseudonymous identifiers to much more elaborate mechanisms to ensure privacy. They can shield the amounts in payments and achieve untraceability, e.g., decoy-based untraceable payments use decoys to obfuscate the actual asset sender or asset receiver. There are two types of decoy-based payments: full decoy set payments that use all other available users as decoys, e.g., Zerocoin, Zerocash, and ZCash, and user-defined decoy set payments where the users select small decoy sets from available users, e.g., Monero, Zether, and QuisQuis.
Existing decoy-based payments face at least two of the following problems: (1) degrading untraceability due to the possibility of payment-graph analysis in user-defined decoy payments, (2) trusted setup, (3) availability issues due to expiring transactions in full decoy sets and epochs, and (4) an ever-growing set of unspent outputs since transactions keep generating outputs without saying which ones are spent. QuisQuis is the first one to solve all these problems; however, QuisQuis requires large cryptographic proofs for validity.
We introduce Nopenena (means ``cannot see’'): account-based, confidential, and user-defined decoy set payment protocol, that has short proofs and also avoids these four issues. Additionally, Nopenena can be integrated with zero-knowledge contracts like Zether’s $\Sigma-$Bullets and Confidential Integer Processing (CIP) to build decentralized applications. Nopenena payments are about 80% smaller than QuisQuis payments due to Nopenena’s novel cryptographic protocol. Therefore, decentralized systems benefit from Nopenena’s untraceability and efficiency.
ePrint: https://eprint.iacr.org/2024/903
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