Reusable, Instant and Private Payment Guarantees for Cryptocurrencies

Published in ACISP 2023, Brisbane, Australia, 2023

  • This scheme is an overlay network that improves the scalability of existing cryptocurrencies.
  • The Nirvana platform protects the anonymity of users while ensuring payment certainty.
  • Using well-known cryptographic primitives and a novel randomness-reusable threshold encryption, it balances privacy and security.
  • According to our experiments, Nirvana allows for fast (zero-confirmation) global payments with a delay of less than 1.7 seconds in a retail setting.

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