TrustBoost: Boosting Trust among Interoperable Blockchains - Peiyao Sheng
Channel: ConsensusLab
Date: 2023-06-14

Xuechao Wang (University of Illinois Urbana-Champaign), Peiyao Sheng (University of Illinois at Urbana-Champaign), Sreeram Kannan (University of Washington), Kartik Nayak (Duke University), Pramod Viswanath (Princeton University)

Currently there exist many blockchains with weak trust guarantees, limiting applications and participation. Existing solutions to boost the trust using a stronger blockchain, e.g., via checkpointing, requires the weaker blockchain to give up sovereignty. In this paper we propose a family of protocols in which multiple blockchains interact to create a combined ledger with boosted trust. We show that even if several of the interacting blockchains cease to provide security guarantees, the combined ledger continues to be secure -- our TrustBoost protocols achieve the optimal threshold of tolerating the insecure blockchains. Furthermore, the protocol simply operates via smart contracts and require no change to the underlying consensus protocols of the participating blockchains, a form of ``consensus on top of consensus". The protocols are lightweight and can be used on specific (e.g., high value) transactions; we demonstrate the practicality by implementing and deploying TrustBoost as cross-chain smart contracts in the Cosmos ecosystem using approximately 3,000 lines of Rust code, made available as open source. Our evaluation shows that using 10 Cosmos chains in a local testnet, TrustBoost has a gas cost of roughly $2 with a latency of 2 minutes per request, which is in line with the cost on a high security chain such as Bitcoin or Ethereum.

ConsensusDays 23 Session 1.3- Decentralisation and Checkpointing
Site: https://research.protocol.ai/sites/consensusday23/
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