Bicorn: An Optimistically Efficient Distributed Randomness Beacon

Kevin Choi, Arasu Arun, Nirvan Tyagi, Joseph Bonneau

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

We introduce Bicorn, an optimistically efficient distributed randomness protocol with strong robustness under a dishonest majority. Bicorn is a “commit-reveal-recover” protocol. Each participant commits to a random value, which are combined to produce a random output. If any participants fail to open their commitment, recovery is possible via a single time-lock puzzle which can be solved by any party. In the optimistic case, Bicorn is a simple and efficient two-round protocol with no time-lock puzzle. In either case, Bicorn supports open, flexible participation, requires only a public bulletin board and no group-specific setup or PKI, and is guaranteed to produce random output assuming any single participant is honest. All communication and computation costs are (at most) linear in the number of participants with low concrete overhead.

Original languageEnglish (US)
Title of host publicationFinancial Cryptography and Data Security - 27th International Conference, FC 2023, Revised Selected Papers
EditorsFoteini Baldimtsi, Christian Cachin
PublisherSpringer Science and Business Media Deutschland GmbH
Pages235-251
Number of pages17
ISBN (Print)9783031477539
DOIs
StatePublished - 2024
Event27th International Conference on Financial Cryptography and Data Security, FC 2023 - Bol, Croatia
Duration: May 1 2023May 5 2023

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume13950
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference27th International Conference on Financial Cryptography and Data Security, FC 2023
Country/TerritoryCroatia
CityBol
Period5/1/235/5/23

ASJC Scopus subject areas

  • Theoretical Computer Science
  • General Computer Science

Fingerprint

Dive into the research topics of 'Bicorn: An Optimistically Efficient Distributed Randomness Beacon'. Together they form a unique fingerprint.

Cite this