A Tale of Two Trees: One Writes, and Other Reads. Optimized Oblivious Accesses to Large-Scale Blockchains

TL;DR

This paper introduces $T^3$, a trusted hardware-based Bitcoin client that enables efficient, privacy-preserving access to blockchain data for SPV clients by optimizing ORAM techniques tailored to typical usage patterns.

Contribution

The work presents a novel two-tree ORAM construction optimized for SPV client access patterns, enhancing privacy and efficiency in blockchain data retrieval.

Findings

Feasible implementation on Bitcoin UTXO database

Provides strong privacy and security guarantees

Optimized ORAM reduces access latency

Abstract

The Bitcoin network has offered a new way of securely performing financial transactions over the insecure network. Nevertheless, this ability comes with the cost of storing a large (distributed) ledger, which has become unsuitable for personal devices of any kind. Although the simplified payment verification (SPV) clients can address this storage issue, a Bitcoin SPV client has to rely on other Bitcoin nodes to obtain its transaction history and the current approaches offer no privacy guarantees to the SPV clients. This work presents $T^3$, a trusted hardware-secured Bitcoin full client that supports efficient oblivious search/update for Bitcoin SPV clients without sacrificing the privacy of the clients. In this design, we leverage the trusted execution and attestation capabilities of a trusted execution environment (TEE) and the ability to hide access patterns of oblivious random access memory (ORAM) to protect SPV clients' requests from a potentially malicious server. The key novelty of $T^3$ lies in the optimizations introduced to conventional ORAM, tailored for expected SPV client usages. In particular, by making a natural assumption about the access patterns of SPV clients, we are able to propose a two-tree ORAM construction that overcomes the concurrency limitation associated with traditional ORAMs. We have implemented and tested our system using the current Bitcoin Unspent Transaction Output database. Our experiment shows that the system is feasible to be deployed in practice while providing strong privacy and security guarantees to Bitcoin SPV clients.