• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Sui Unveils Truncator for Gas-Friendly Post-Quantum Signatures

June 8, 2024
in Blockchain
Reading Time: 3min read
0 0
A A
0
Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)
0
SHARES
3
VIEWS
ShareShareShareShareShare





Every transaction and data storage in a blockchain incurs costs, including fees for payments, gas for smart contract operations, and resources for data storage. Reducing the size of variables involved in these transactions, without compromising functionality or security, can significantly save on communication, storage, and transaction fees.

Introducing Truncator

Truncator, a mining-based technique designed by Sui, reduces the size of cryptographic outputs in blockchain systems without sacrificing security, according to The Sui Blog.

How Truncator Works

Truncator adds extra steps during transaction composition, resulting in significant benefits by reducing transaction size and associated gas costs. Although this process takes a few seconds, it is beneficial for transactions where reduced variable size outweighs the need for speed. This approach helps reduce transaction fees and benefits the entire ecosystem by lowering storage and communication costs.

The Technique Behind Truncator

Truncator involves an iterative search in cryptographic primitives’ inputs or randomness to find a more efficient encrypted output. This method crafts each primitive’s output to meet modified system parameters, such as having specific bits of the output constant. This is similar to proof-of-work mechanisms requiring miners to continually digest the same data with different random values until meeting a specific system need, aiming to simplify the output.

For example, in the key generation algorithm for discrete logarithm-based keys, an iterative search for a secret key can ensure the derived public key has a predetermined ℓ-bit prefix, making public keys smaller and reducing communication and storage costs.

Ensuring Security

Security remains paramount, and the bit-security framework shows that Truncator does not reduce key security. This framework states that a primitive has κ-bit security if it takes an adversary 2^κ operations to break it, implying higher attack costs offset the reduced key space, maintaining security levels.

Real-World Applications

The iterative search method to reduce the size of keys and addresses has appeared before in blockchain, notably in Ethereum proposals for “gas golfing.” Truncator formalizes and expands this idea to multiple cryptographic primitives, such as hash digests, elliptic curve cryptography (ECC) public keys, and signature outputs. For instance, about 7% compression has been achieved in less than a second for ed25519 signatures and under 10 milliseconds for compressed Blake3 digests. Truncator has also been explored for ElGamal encryption and Diffie-Hellman-based encryption, commonly used for blockchain stealth addresses.

A New Approach for Hash-Based Post-Quantum Signatures

Truncator’s techniques offer an opportunity to construct new cryptographic schemes, particularly for post-quantum security. Hash-based signature schemes, such as Lamport signatures, are inherently quantum-resistant. Future schemes could incorporate mining feasibility, adjusting key generation to enhance resistance to quantum computing attacks. Optimizing key derivation in hash-based signature schemes can improve performance and efficiency, crucial for maintaining security and usability in a post-quantum world.

Optimizing Lamport Signatures

Optimizing hash-based signatures at the key derivation level could result in high-performance mining with better results than brute forcing. For example, traditional Lamport signatures involve a private key comprising 256 pairs of 256-bit random values, totaling 16 KiB. Each sub-private key corresponds to a public key, resulting in 512 elements. By compressing Lamport signatures through techniques like the Winternitz hash-chain variant, the number of keys required for submission can be reduced, optimizing Lamport verification and shortening proofs.

Conclusion

Truncator offers an innovative approach to reducing the output size of cryptographic primitives, providing a computational trade-off that opens new exploration avenues. Its application to basic cryptographic primitives and potential for optimizing hash-based signatures at the key derivation level has been highlighted. Future extensions of Truncator could enhance efficiency and reduce storage costs in the blockchain ecosystem. Sui is particularly excited about incorporating such optimizations into its roadmap for post-quantum security, maintaining robust security standards while fostering innovation.

Image source: Shutterstock

. . .

Tags


Credit: Source link

ShareTweetSendPinShare
Previous Post

Enhanced Data Processing: Key to AI Innovation Across Industries

Next Post

AI Technology Restores Voice for Former Spirit Airlines CEO Ben Baldanza

Next Post
AI Nude Generators: Technology, Tools, and Privacy Concerns

AI Technology Restores Voice for Former Spirit Airlines CEO Ben Baldanza

You might also like

How Much Will Shiba Inu Price Be If Dogecoin Hits $10?

How Much Will Shiba Inu Price Be If Dogecoin Hits $10?

March 6, 2026
Bitcoin Price Prediction: Market Sentiment Suddenly Flips Bullish — Is a New Rally Starting?

Bitcoin Price Prediction: Market Sentiment Suddenly Flips Bullish — Is a New Rally Starting?

March 5, 2026
Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why

Ethereum Price To Rally 928%? Why $10,000 Isn’t The Real ATH Target

March 11, 2026
Bitcoin Price Prediction: Nears $111K as Musk Backs BTC, Metaplanet’s $3.5B Bet Faces Test

Democrats Introduce Bill to Ban Polymarket US Prediction Market Contracts

March 11, 2026
Bitcoin LTH Stay Calm Amid Volatile Market Swings

Bitcoin LTH Stay Calm Amid Volatile Market Swings

March 8, 2026
Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

March 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

First Bullish Wick Appears On XRP Weekly Chart, And This Analyst Says It Will Send Price To $21.5

First Bullish Wick Appears On XRP Weekly Chart, And This Analyst Says It Will Send Price To $21.5

March 12, 2026
US Lawmakers Propose Legislation To Ban Betting on War and Death on Prediction Markets

US Lawmakers Propose Legislation To Ban Betting on War and Death on Prediction Markets

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.