Threshold private key generation method, transaction method and relevant device

A private key and threshold technology, applied in the field of digital currency, can solve the problems that the wallet cannot fully control the private key and the transaction process is complicated, so as to achieve the effect of ensuring security

Inactive Publication Date: 2018-11-30
中钞信用卡产业发展有限公司杭州区块链技术研究院
View PDF5 Cites 7 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0005] However, since the private keys of each party are completely independent and controlled by each relevant party, the wallet owner or security center cannot fully con

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Threshold private key generation method, transaction method and relevant device
  • Threshold private key generation method, transaction method and relevant device
  • Threshold private key generation method, transaction method and relevant device

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0058] The following will clearly and completely describe the technical solutions in the embodiments of the present invention with reference to the accompanying drawings in the embodiments of the present invention. Obviously, the described embodiments are only some, not all, embodiments of the present invention. Based on the embodiments of the present invention, all other embodiments obtained by persons of ordinary skill in the art without creative efforts fall within the protection scope of the present invention.

[0059] The embodiment of the invention discloses a private key generation method, a threshold signature transaction method, a wallet system, a commercial bank system, a private key generation device, and a computer-readable storage medium, so as to ensure transaction security and avoid multiple signature verifications.

[0060] see figure 1 , a method for generating a threshold private key provided by an embodiment of the present invention is applied to the first t...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

PUM

No PUM Login to view more

Abstract

The invention discloses a threshold private key generation method, a transaction method based on a threshold signature and a relevant device. According to the threshold private key generation method,a first terminal system generates an initial private key and generates three corresponding sub-private keys according to a (2,3) threshold scheme, wherein the first terminal system and a second terminal system can arbitrarily save one sub-private key and can send another sub-private key to a central bank system. Since all the sub-private keys are generated according to the threshold scheme, signing cannot be completed unless a joint signature of two sub-private keys is available, and danger cannot be caused event if one sub-private key is lost. Similarly, since the three sub-private keys are generated, signing can be completed event if one sub-private key is lost. Therefore, grasp of the private key by a private key legal owner is realized, and transaction security is guaranteed. Besides,since all the three sub-private keys correspond to one initial private key, only one time of signature checking is required. Meanwhile, since one sub-private key is saved in the central bank system, it can be guaranteed that the central bank participates in supervision.

Description

technical field [0001] The present invention relates to the technical field of digital currency, and more specifically, relates to a threshold private key generation method and device, a computer-readable storage medium, a transaction method based on a threshold signature, a client wallet system, and a commercial banking system. Background technique [0002] Blockchain technology and related digital currency are research hotspots in recent years, and the security of digital currency wallets has always been an urgent problem to be solved. An important reason for the security of digital currency wallets is the security of the private key in the wallet. [0003] A digital currency wallet is a management tool for keys (including private keys and public keys). For example, use a private key to sign a transaction, thereby proving that you have the right to output the transaction. In the digital currency wallet, if you want to complete a transaction, you need to sign it with the ...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

Application Information

Patent Timeline
no application Login to view more
IPC IPC(8): G06Q20/38G06Q20/36H04L9/08H04L9/14H04L9/32
CPCG06Q20/3674G06Q20/3825G06Q20/3829H04L9/0819H04L9/085H04L9/0891H04L9/14H04L9/3255
Inventor 温化冰张一锋
Owner 中钞信用卡产业发展有限公司杭州区块链技术研究院
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products