
Research Article
Cross-Chain Model of Notary Group Based on Verifiable Random Functions
@INPROCEEDINGS{10.1007/978-3-031-55471-1_4, author={Can OuYang and Xiaohong Qiu}, title={Cross-Chain Model of Notary Group Based on Verifiable Random Functions}, proceedings={Mobile Networks and Management. 13th EAI International Conference, MONAMI 2023, Yingtan, China, October 27-29, 2023, Proceedings}, proceedings_a={MONAMI}, year={2024}, month={3}, keywords={blockchain blockchain verifiable random function notary mechanism}, doi={10.1007/978-3-031-55471-1_4} }
- Can OuYang
Xiaohong Qiu
Year: 2024
Cross-Chain Model of Notary Group Based on Verifiable Random Functions
MONAMI
Springer
DOI: 10.1007/978-3-031-55471-1_4
Abstract
In response to the issues of high centralization, slow transaction rates, and high security risks in the cross-chain mechanism of notary groups, this paper proposes an identity-based, non-interactive cross-chain model for notary groups. The model introduces notary groups to reduce centralization and divides the nodes within the notary group into transaction nodes, validation nodes, and supervisory nodes using verifiable random functions, significantly improving the fault tolerance of the optimized model. Additionally, the model introduces Merkle tree structures to locally store transaction information, enabling the processing of multiple cross-chain transactions at once and reducing transaction latency caused by multiple verifications, thereby improving transaction rates. Experimental results demonstrate that compared to traditional models, the optimized model significantly reduces transaction security risks and increases transaction rates by 55.8%.