Sourav Das (Department of Computer Science and Engineering, Indian Institute of Technology Delhi), Vinay Joseph Ribeiro (Department of Computer Science and Engineering, Indian Institute of Technology Delhi), Abhijeet Anand (Department of Computer Science and Engineering, Indian Institute of Technology Delhi)

One major shortcoming of permissionless blockchains such as Bitcoin and Ethereum is that they are unsuitable for running Computationally Intensive smart Contracts (CICs). This prevents such blockchains from running Machine Learning algorithms, Zero-Knowledge proofs, etc. which may need non-trivial computation.

In this paper, we present YODA, which is to the best of our knowledge the first solution for efficient computation of CICs in permissionless blockchains with guarantees for a threat model with both Byzantine and selfish nodes. YODA selects one or more execution sets (ES) via Sortition to execute a particular CIC off-chain. One key innovation is the MultI-Round Adaptive Consensus using Likelihood Estimation (MiRACLE) algorithm based on sequential hypothesis testing. MiRACLE allows the execution sets to be small thus making YODA efficient while ensuring correct CIC execution with high probability. It adapts the number of ES sets automatically depending on the concentration of Byzantine nodes in the system and is optimal in terms of the expected number of ES sets used in certain scenarios. Through a suite of economic incentives and technical mechanisms such as the novel Randomness Inserted Contract Execution (RICE) algorithm, we force selfish nodes to behave honestly. We also prove that the honest behavior of selfish nodes is an approximate Nash Equilibrium. We present the system design and details of YODA and prove the security properties of MiRACLE and RICE. Our prototype implementation built on top of Ethereum demonstrates the ability of YODA to run CICs with orders of magnitude higher gas per unit time as well as total gas requirements than Ethereum currently supports. It also demonstrates the low overheads of RICE.

View More Papers

Tranco: A Research-Oriented Top Sites Ranking Hardened Against Manipulation

Victor Le Pochat (imec-DistriNet, KU Leuven), Tom Van Goethem (imec-DistriNet, KU Leuven), Samaneh Tajalizadehkhoob (Delft University of Technology), Maciej Korczyński (Grenoble Alps University), Wouter Joosen (imec-DistriNet, KU Leuven)

Read More

Component-Based Formal Analysis of 5G-AKA: Channel Assumptions and Session...

Cas Cremers (CISPA Helmholtz Center for Information Security), Martin Dehnel-Wild (University of Oxford)

Read More

Measurement and Analysis of Hajime, a Peer-to-peer IoT Botnet

Stephen Herwig (University of Maryland), Katura Harvey (University of Maryland, Max Planck Institute for Software Systems (MPI-SWS)), George Hughey (University of Maryland), Richard Roberts (University of Maryland, Max Planck Institute for Software Systems (MPI-SWS)), Dave Levin (University of Maryland)

Read More

UWB with Pulse Reordering: Securing Ranging against Relay and...

Mridula Singh (ETH Zurich, Switzerland), Patrick Leu (ETH Zurich, Switzerland), Srdjan Capkun (ETH Zurich, Switzerland)

Read More