Storing and Retrieving Secrets on a blockchain 📺
A secret sharing scheme enables one party to distribute shares of a secret to n parties and ensures that an adversary in control of t out of n parties will learn no information about the secret. However, traditional secret sharing schemes are often insufficient, especially for applications in which the set of parties who hold the secret shares might change over time. To achieve security in this setting, dynamic proactive secret sharing (DPSS) is used. DPSS schemes proactively update the secret shares held by the parties and allow changes to the set of parties holding the secrets. We propose FaB-DPSS (FAst Batched DPSS) -- a new and highly optimized batched DPSS scheme. While previous work on batched DPSS focuses on a single client submitting a batch of secrets and does not allow storing and releasing secrets independently, we allow multiple different clients to dynamically share and release secrets. FaB-DPSS is the most efficient robust DPSS scheme that supports the highest possible adversarial threshold of 1/2. We prove FaB-DPSS secure and implement it. All operations complete in seconds, and we outperform a prior state-of-the-art DPSS scheme by over 6 times. Additionally, we propose new applications of DPSS in the context of blockchains. Specifically, we propose a protocol that uses blockchains and FaB-DPSS to provide conditional secret storage. The protocol allows parties to store secrets along with a release condition, and once a (possibly different) party satisfies this release condition, the secret is privately released to that party. This functionality is similar to extractable witness encryption. While there are numerous compelling applications (e.g., time-lock encryption, one-time programs, and fair multi-party computation) which rely on extractable witness encryption, there are no known efficient constructions (or even constructions based on any well-studied assumptions) of extractable witness encryption. However, by utilizing blockchains and FaB-DPSS, we can easily build all those applications. We provide an implementation of our conditional secret storage protocol as well as several applications building on top of it.