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Hyunjae Lee
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June 2018

Recipient-Oriented Blockchain Transactions

Research on preventing double-spending in private blockchains — published at IEEE and filed as a patent.

  • Blockchain
  • Security
  • Research

Overview

As an undergraduate research assistant in the Distributed Platforms & Security Lab at Chung-Ang University, I worked on preventing double-spending attacks in private blockchains. The work was published at IEEE and filed as a patent.

Approach

  • Proposed a recipient-oriented transaction model that avoids double-spending by controlling the timing of validation.
  • Applied stealth addresses and masternodes on the recipient side to preserve transactional privacy and make recipients active participants rather than passive receivers of propagated transactions.

Outputs

  • Paper: Recipient-Oriented Transaction for Preventing Double Spending Attacks in Private Blockchain, IEEE SECON 2018 (with M. Shin, K. S. Kim, Y. Kang, J. Kim) — IEEE Xplore.
  • Patent: Recipient-oriented transaction verification method and apparatus for preventing double spendingKR 10-2018-0089040 (2018).