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Resilient Custody of Crypto-Assets, and Threshold Multisignatures

Vincenzo Di Nicola, Riccardo Longo, Federico Mazzone, Gaetano Russo

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Source: Crossref

Published: Oct 14, 2020

DOI: 10.3390/math8101773

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Source abstract

Ensuring safe custody of crypto-assets, while at the same time allowing a user to easily access and transfer them, is one of the biggest challenges of this nascent industry. This is even harder considering also the multiple technological implementations behind each crypto-asset. Here we present a survey of the various solutions for this custody problem, comparing advantages and disadvantages. Then we delve deeper into some interesting schemes based on secure multiparty computation, which give a blockchain-agnostic solution that balances security, safety, and transactional ease of use, and in particular, a protocol that enhances practicality by exploiting a party that may stay offline during the key generation.

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