Quantum resistant multi-signature scheme with optimal communication round: A Blockchain-based approach

arXiv:2404.17787v1 Announce Type: new
Abstract: Blockchain is a decentralized network to increase trust, integrity, and transparency of transactions. With the exponential growth of transactions in the realm of Blockchain, especially in Bitcoin, Blockchain size increases as all transactions must be stored and verified. In Bitcoin, validating M of N transactions involves the necessity of M authentic signatures out of the total N transactions. This procedure is so time-consuming and needs a significant storage capacity. To address these issues, several multi …

arxiv bitcoin blockchain communication cs.cr cs.it decentralized growth integrity math.it network quantum realm signature size transactions transparency trust verified