Paper 2020/283

CryptoWills: How to Bequeath Cryptoassets

István András Seres, Omer Shlomovits, and Pratyush Ranjan Tiwari

Abstract

In this paper, we put forth the problem of bequeathing cryptoassets. In this problem, a testator wishes to bequeath cryptoassets - e.g. secrets, static keys or cryptocurrency - to their heirs. Crucially, the testator should retain control of their assets before their passing. Additionally testator needs to maintain privacy, i.e. beneficiaries must not learn the bequest, moreover, beneficiaries must not be able to determine whether they will inherit at all before testator's decease. We formally define the security goals of a cryptographic will (cryptowill) protocol and subsequently present schemes fulfilling the required security properties.

Metadata
Available format(s)
PDF
Category
Cryptographic protocols
Publication info
Preprint. MINOR revision.
Keywords
Secret sharingBlockchainCryptocurrencyTrusted Execution EnvironmentTime-Lock Puzzle
Contact author(s)
istvanseres @ caesar elte hu
omer @ kzencorp com
History
2020-03-04: received
Short URL
https://ia.cr/2020/283
License
Creative Commons Attribution
CC BY

BibTeX

@misc{cryptoeprint:2020/283,
      author = {István András Seres and Omer Shlomovits and Pratyush Ranjan Tiwari},
      title = {{CryptoWills}: How to Bequeath Cryptoassets},
      howpublished = {Cryptology {ePrint} Archive, Paper 2020/283},
      year = {2020},
      url = {https://eprint.iacr.org/2020/283}
}
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