Groupchain: A Blockchain Model with Privacy-preservation and Supervision

Blockchain technology is a type of decentralized technology that enables secure and trusted operations to be performed in untrusted environments. Privacy preservation and supervision are contradictions in decentralized environments. First, to reach a consensus in a decentralized environment, each node of the blockchain holds all of the ledger data, but this brings a huge risk of privacy leakage; alternately, the ledger data is encrypted with a hash to ensure security, making it difficult for regulatory authorities to regulate the blockchain through legal methods. This paper proposes a blockchain model based on a Group signature idea with the permission blockchain as the underlying architecture, aiming to neutralize the contradiction between privacy preservation and supervision in the blockchain technology. This paper designs three schemes entitled GroupSig, GroupCT, and Semi-Stealthaddress to achieve the goals we set. Finally, we analyze the security of Groupchain and evaluate the efficiency of the corresponding scheme.

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