Title | Speedster: An Efficient Multi-party State Channel via Enclaves |
Author | |
Corresponding Author | Zhang,Fengwei |
DOI | |
Publication Years | 2022-05-30
|
Conference Name | 17th ACM ASIA Conference on Computer and Communications Security 2022 (ACM ASIACCS)
|
Source Title | |
Pages | 637-651
|
Conference Date | MAY 30-JUN 03, 2022
|
Conference Place | null,Nagasaki,JAPAN
|
Publication Place | 1601 Broadway, 10th Floor, NEW YORK, NY, UNITED STATES
|
Publisher | |
Abstract | State channel network is the most popular layer-2 solution to the issues of scalability, high transaction fees, and low transaction throughput of public Blockchain networks. However, the existing works have limitations that curb the wide adoption of the technology, such as the expensive creation and closure of channels, strict synchronization between the main chain and off-chain channels, frozen deposits, and inability to execute multi-party smart contracts. In this work, we present Speedster, an account-based state-channel system that aims to address the above issues. To this end, Speedster leverages the latest development of secure hardware to create dispute-free certified channels that can be operated efficiently off the Blockchain. Speedster is peer-to-peer decentralized and provides better privacy protection than prior channel projects. It supports fast native multi-party contract execution, which is previously unavailable in TEE-enabled channel networks. Compared to the Lightning Network, Speedster improves the throughput by about 10,000X and generates 97%$ less on-chain data with a comparable network scale. |
Keywords | |
SUSTech Authorship | First
; Corresponding
|
Language | English
|
URL | [Source Record] |
Indexed By | |
Funding Project | National Natural Science Foundation of China[62002151];
|
WOS Research Area | Computer Science
; Mathematics
; Telecommunications
|
WOS Subject | Computer Science, Information Systems
; Computer Science, Theory & Methods
; Mathematics, Applied
; Telecommunications
|
WOS Accession No | WOS:000937026200048
|
EI Accession Number | 20222712310561
|
EI Keywords | Blockchain
; Scalability
|
ESI Classification Code | Database Systems:723.3
; Legal Aspects:902.3
; Systems Science:961
|
Scopus EID | 2-s2.0-85133206251
|
Data Source | Scopus
|
Citation statistics |
Cited Times [WOS]:1
|
Document Type | Conference paper |
Identifier | http://kc.sustech.edu.cn/handle/2SGJ60CL/355699 |
Affiliation | 1.SUSTech,Wayne State University,Neo Foundation,Shenzhen,China 2.Department of CSE and RITAS,SUSTech,Shenzhen,China 3.Department of Computer and Information Technology,Purdue University,West Lafayette,United States 4.Department of Computer Science,Wayne State University,Detroit,United States |
First Author Affilication | Southern University of Science and Technology |
Corresponding Author Affilication | Southern University of Science and Technology |
First Author's First Affilication | Southern University of Science and Technology |
Recommended Citation GB/T 7714 |
Liao,Jinghui,Zhang,Fengwei,Sun,Wenhai,et al. Speedster: An Efficient Multi-party State Channel via Enclaves[C]. 1601 Broadway, 10th Floor, NEW YORK, NY, UNITED STATES:ASSOC COMPUTING MACHINERY,2022:637-651.
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Files in This Item: | ||||||
File Name/Size | DocType | Version | Access | License | ||
Speedster 3488932.35(1465KB) | Conference paper | Restricted Access | CC BY-NC-SA |
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