Distributed Key Architecture for Blockchain Wallets
Tuan-Kiet Tran-Ngo, Thu Thi Hoai Nguyen, Khoa Vo Tan, Mong-Thy Nguyen Thi, Tu-Anh Nguyen-Hoang, Tri Nguyen, Ngoc-Thanh Dinh · 2024
This paper introduces the Distributed Key Architecture (DKA) and elucidates its primary contributions. The proposed architecture combines Shamir's Secret Sharing (SSS) and Distributed Key Generation (DKG) to create a secure and user-friendly blockchain wallet. The advantages of DKA lie in its ability to seamlessly integrate user accessibility with robust security measures. In addition to highlighting the technical aspects, this abstract delves into the contextual application of the methodology, emphasizing its necessity, and outlining the practical benefits it brings. By incorporating Shamir's Secret Sharing and Distributed Key Generation, the DKA not only addresses the current challenges but also redefines the landscape of secure and user-friendly blockchain applications. The experimental results presented herein validate the feasibility of implementing this approach in real-world scenarios, solidifying DKA's potential for practical deployment.