Paper 2023/079

The challenges of proving solvency while preserving privacy.

Tabacaru Robert, Faculty of Computer Science, Alexandru Ioan Cuza University of Iasi
Anghel Florin, Faculty of Computer Science, Alexandru Ioan Cuza University of Iasi
Asandoaiei David, Faculty of Computer Science, Alexandru Ioan Cuza University of Iasi
Simion Emil, Politehnica University of Bucharest
Abstract

The increasing popularity of blockchain technology has affected the way we view many fields related to computer science, with E-commerce being no exception. The distributed nature and transparency of blockchain-based systems is one of its main perks, but it also raises some issues when it comes to privacy. Zero-knowledge proofs are very powerful building blocks when it comes to building privacy-preserving protocols, so, naturally, they have attracted a lot of attention in the last years. Following the recent collapse of the very popular crypto exchange FTX, we believe it is important to analyse how such events can be prevented in the future. This paper aims to highlight solutions that use zero-knowledge to prove solvency.

Metadata
Available format(s)
PDF
Category
Cryptographic protocols
Publication info
Preprint.
Keywords
Zero-knowledge ProofsBlockchainCryptocurrency Exchanges
Contact author(s)
robbyyt99 @ gmail com
anghel florin m @ gmail com
david asandoaiei @ yahoo com
emil simion @ upb ro
History
2023-01-26: approved
2023-01-23: received
See all versions
Short URL
https://ia.cr/2023/079
License
Creative Commons Attribution
CC BY

BibTeX

@misc{cryptoeprint:2023/079,
      author = {Tabacaru Robert and Anghel Florin and Asandoaiei David and Simion Emil},
      title = {The challenges of proving solvency while preserving privacy.},
      howpublished = {Cryptology {ePrint} Archive, Paper 2023/079},
      year = {2023},
      url = {https://eprint.iacr.org/2023/079}
}
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