Join Our Mailing List
Wednesday February 08, 2023
Bitcoin (BTC) $22,833.12   Ethereum (ETH) $1,643.99
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

Hyperledger Technical Steering Committee (TSC) accepts new cryptographic library

Published by CryptoNinjas.net
12/05/2018
Hyperledger Technical Steering Committee (TSC) accepts new cryptographic library

Hyperledger, the open source collaborative effort created to advance cross-industry blockchain technologies has announced that Hyperledger Ursa is the latest project to be accepted by the Hyperledger Technical Steering Committee (TSC). Ursa is a modular, flexible cryptography library that is intended for (but not limited to) use by other projects in Hyperledger.

Ursa aims to include things like a comprehensive library of modular signatures and symmetric-key primitives built on top of existing implementations, so blockchain developers can choose and modify their cryptographic schemes with a simple configuration file change. Ursa will also have implementations of newer, fancier cryptography, including things like pairing-based signatures, threshold signatures, and aggregate signatures, and also zero-knowledge primitives like SNARKs.

Available on GitHub, Ursa will be written mostly in Rust, but will have interfaces in all of the different languages commonly used throughout Hyperledger.

Why Ursa?

As Hyperledger has matured, the individual projects within Hyperledger have started to find a need for sophisticated cryptographic implementations. Rather than have each project implement its own cryptographic protocols, it is much better to collaborate on a shared library. There are many reasons to do this, including the following:

  1. Avoiding duplication: Crypto implementations are notoriously difficult to get correct (particularly when side channels are taken into account) and often require a lot of work in order to achieve a high level of security.  The library allows projects to share crypto implementations, avoiding unnecessary duplication and extra work.
  2. Security: Having most (or all) of the crypto code in a single location substantially simplifies the security analysis of the crypto portion of Hyperledger.  In addition, the lack of duplication means maintenance is easier (and thus, hopefully, security bugs are less numerous). The presence of easy to use, secure crypto implementations might also make it less likely for less experienced people to create less secure implementations.
  3. Expert Review: In addition, the ability to enforce expert review of all cryptographic code should increase security as well. Having all cryptographic code in a single location makes it easier to concentrate all of the cryptographic expertise in the project and ensures that code will be well reviewed, thus decreasing the likelihood of dangerous security bugs.
  4. Cross-platform interoperability: If two projects use the same crypto libraries, it simplifies (substantially in some cases) cross-platform interoperability, since cryptographic verification involves the same protocols on both sides.
  5. Modularity: This could be the first common component/module and a step towards modular DLT platforms, which share common components. A successful crypto library encourages and pushes forward more modular activities.
  6. New Projects: It is easier for new projects to get off the ground if they have easy access to well-implemented, modular cryptographic abstractions.
Features and Plans

Currently, Ursa has two distinct modules: a library for modular, flexible, and standardized basic cryptographic algorithms, and a library for more exotic cryptography, including so-called “smart” signatures and zero knowledge primitives called zmix.

The first library is the “base crypto” library. Right now Hyperledger is focused on its shared modular signature library, but plans to extend this to allow easy modularization of all commonly used cryptographic primitives in Minicrypt. This (work in progress) has the implementation of several different signature schemes with a common API, allowing for blockchain builders to change signature schemes almost on-the-fly—or to use and support multiple signature schemes easily. Exact implementations and APIs have not been finalized, but Hyperledger notes that they are in progress.

There aren’t raw crypto implementations in this library, things here are stable and generally standardized, says Hyperledger — but wrappers for code come from existing libraries and also code generated by commonly used cryptography libraries such as the Apache Milagro Crypto Library (AMCL). The novelty here is the modularization and API, which enables blockchain platforms to easily use a wide variety of changeable cryptographic algorithms without having to understand or interact with the underlying mathematics.

In the future, Hyperledger expects other wrappings and modular code to go in this library. For instance, Hyperledger Indy makes use of aggregate signatures, a feature which the other platforms would also like available to them. There are also a variety of hash algorithms which provide different performance characteristics or support different signature schemes. Selecting vetted implementations and providing a common interface helps the Hyperledger community manage a growing crypto feature set in a responsible manner.

Our second initial subproject is zmix, which offers a generic way to create zero-knowledge proofs that prove statements about multiple cryptographic building blocks, including signatures, commitments, and verifiable encryption. The goal of zmix is to provide a single flexible and secure implementation to construct such zero-knowledge proofs. Zmix consists of C-callable code but there are also convenience wrappers for various programming languages.

Who Is Involved in Ursa?

On the more practical side, Ursa currently includes developers who work on the security aspects of Hyperledger Indy, Sawtooth, and Fabric. In addition, the Ursa project includes several cryptographers with an academic background in theoretical cryptography to ensure that all cryptographic algorithms meet the desired levels of security.

The goal of creating Ursa is to combine the efforts of all the security and cryptography experts in the Hyperledger community and move all of the projects forward.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

Blocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder...

Read more

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered...

Read more

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages...

Read more

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Bluzelle Launches Layer One Chain to Drive Gaming Adoption for Cosmos

Bluzelle Launches Layer One Chain to Drive Gaming Adoption for Cosmos

02/06/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy