When we design a security protocol we assume that the humans (or organizations) playing Alice and Bob do not make a difference. In particular, their financial capacity seems to be irrelevant. In the latest trend to guarantee that secure multi-party computation protocols are fair and not vulnerable to malicious aborts, a slate of protocols has been proposed based on penalty mechanisms. We look at two well-known penalty mechanisms, and show that the so-called see-saw mechanism (Kumaresan et al., CCS 15), is only fit for people with deep pockets, well beyond the stake in the multi-party computation itself. Depending on the scheme, fairness is not affordable by everyone which has several policy implications on protocol design. To explicitly capture the above issues, we introduce a new property called financial fairness.

Affordable Security or Big Guy vs Small Guy / Friolo, Daniele; Massacci, Fabio; Nam Ngo, Chan; Venturi, Daniele. - 27:(2019), pp. 148-156. (Intervento presentato al convegno Security Protocols Workshop tenutosi a Cambridge; UK) [10.1007/978-3-030-57043-9].

Affordable Security or Big Guy vs Small Guy

Daniele Friolo
;
Fabio Massacci
;
Daniele Venturi
2019

Abstract

When we design a security protocol we assume that the humans (or organizations) playing Alice and Bob do not make a difference. In particular, their financial capacity seems to be irrelevant. In the latest trend to guarantee that secure multi-party computation protocols are fair and not vulnerable to malicious aborts, a slate of protocols has been proposed based on penalty mechanisms. We look at two well-known penalty mechanisms, and show that the so-called see-saw mechanism (Kumaresan et al., CCS 15), is only fit for people with deep pockets, well beyond the stake in the multi-party computation itself. Depending on the scheme, fairness is not affordable by everyone which has several policy implications on protocol design. To explicitly capture the above issues, we introduce a new property called financial fairness.
2019
Security Protocols Workshop
security, cryptography, economics, blockchain, distributed ledger
04 Pubblicazione in atti di convegno::04b Atto di convegno in volume
Affordable Security or Big Guy vs Small Guy / Friolo, Daniele; Massacci, Fabio; Nam Ngo, Chan; Venturi, Daniele. - 27:(2019), pp. 148-156. (Intervento presentato al convegno Security Protocols Workshop tenutosi a Cambridge; UK) [10.1007/978-3-030-57043-9].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1512239
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