Skip to Main content Skip to Navigation
Conference papers

Twisting Lattice and Graph Techniques to Compress Transactional Ledgers

Abstract : Keeping track of financial transactions (e.g., in banks and blockchains) means keeping track of an ever-increasing list of exchanges between accounts. In fact, many of these transactions can be safely " forgotten " , in the sense that purging a set of them that compensate each other does not impact the network's semantic meaning (e.g., the accounts' balances). We call nilcatenation a collection of transactions having no effect on a network's semantics. Such exchanges may be archived and removed, yielding a smaller, but equivalent ledger. Motivated by the computational and analytic benefits obtained from more compact representations of numerical data, we formalize the problem of finding nilcatenations, and propose detection methods based on graph and lattice-reduction techniques. Atop interesting applications of this work (e.g., decoupling of centralized and distributed databases), we also discuss the original idea of a " community-serving proof of work " : finding nilcatenations constitutes a proof of useful work, as the periodic removal of nilcatenations reduces the transactional graph's size.
Complete list of metadata

Cited literature [17 references]  Display  Hide  Download

https://hal.inria.fr/hal-01668213
Contributor : Răzvan Roşie <>
Submitted on : Tuesday, December 19, 2017 - 8:57:34 PM
Last modification on : Tuesday, May 4, 2021 - 2:06:02 PM

File

twisting-lattice-graph.pdf
Files produced by the author(s)

Identifiers

  • HAL Id : hal-01668213, version 1

Collections

Citation

Rémi Géraud, David Naccache, Răzvan Roşie. Twisting Lattice and Graph Techniques to Compress Transactional Ledgers. SecureComm 2017 - 13th EAI International Conference on Security and Privacy in Communication Networks, Oct 2017, Niagara Falls, Canada. pp.1-20. ⟨hal-01668213⟩

Share

Metrics

Record views

230

Files downloads

295