Deployment of Threshold Signatures for Securing Bitcoin Transactions
Loading...
Date
2023
Authors
ORCID
Advisor
Referee
Mark
Journal Title
Journal ISSN
Volume Title
Publisher
Vysoké učení technické v Brně, Fakulta elektrotechniky a komunikačních technologií
Altmetrics
Abstract
Blockchain technology, especially Bitcoin, has revolutionizedhow we think about and manage financial transactions.However, with the increasing demand and usage of blockchaintechnology, the security of cryptocurrency wallets has become acritical concern. Threshold signatures offer a promising solutionto this problem, allowing multiple parties to sign a transactionwithout revealing their private keys. This article presents an Androidmobile Bitcoin wallet application that uses Schnorr-basedthreshold signatures. The application also deploys smartwatchintegration for enhanced security and usability. This integrationprovides an additional layer of security by requiring physicalconfirmation from the user before approving any transaction.Our implementation provides a secure and efficient platform formanaging Bitcoin assets using threshold signatures while alsoproviding an intuitive and easy-to-use interface for interactingwith the application.
Description
Citation
Proceedings II of the 29st Conference STUDENT EEICT 2023: Selected papers. s. 117-120. ISBN 978-80-214-6154-3
https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2023_sbornik_2_v2.pdf
https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2023_sbornik_2_v2.pdf
Document type
Peer-reviewed
Document version
Published version
Date of access to the full text
Language of document
en
Study field
Comittee
Date of acceptance
Defence
Result of defence
Document licence
© Vysoké učení technické v Brně, Fakulta elektrotechniky a komunikačních technologií