Paper 2026/1342

Accountable Anonymous Cross-Chain Atomic Swaps via Threshold-Openable Linkable Ring Adaptor Signatures

Abstract

Cross-chain atomic swaps enable decentralized asset exchange across independent ledgers, but their public transcripts may expose transaction flows, signer identities, and business relationships. Existing scriptless swap mechanisms based on adaptor signatures provide witness-coupled execution, yet the signer is public. Linkable ring adaptor signatures further hide the signer within a ring, but they do not support controlled opening when a completed swap becomes disputed. In this paper, we put forward ALRAS, an accountable anonymous cross-chain atomic-swap mechanism based on Pair-Consistent Threshold-Openable Linkable Ring Adaptor Signatures. We design a pair-consistent opening mechanism that binds a ring-adaptor pre-signature, an opening ciphertext, a scoped link tag, and the completed full signature to the same hidden signer. This mechanism prevents false-opening, ciphertext-substitution, and transcript-splicing attacks while requiring a threshold-governed and publicly verifiable opening in the dispute path. We construct a generic compiler from a NIZK-compatible, index-hiding LRAS using threshold ElGamal opening, consistency proofs, and public pair verification. We further formalize the signing-layer interface and security goals and analyze signer anonymity, scoped linkability, witness extractability, non-frameability, and pair-consistent opening soundness. A reproducible Python artifact provides reference modules, attack-oriented sanity tests, and operation-count benchmarks. The results show the expected linear scaling with ring size and isolate the accountability overhead introduced by threshold opening and transcript binding.

Note: First public preprint version.