TrustBoost: Boosting Trust among Interoperable Blockchains

TL;DR

TrustBoost introduces protocols that enhance trust across multiple blockchains by creating a secure combined ledger, tolerating insecure chains, and operating via smart contracts without altering underlying consensus mechanisms.

Contribution

It presents a family of protocols for inter-blockchain trust enhancement that tolerate insecure blockchains and are implementable via smart contracts without modifying existing consensus protocols.

Findings

Protocols tolerate up to a threshold of insecure blockchains.

Implementation as cross-chain smart contracts in Cosmos ecosystem.

Low cost and latency suitable for high-value transactions.

Abstract

Currently there exist many blockchains with weak trust guarantees, limiting applications and participation. Existing solutions to boost the trust using a stronger blockchain, e.g., via checkpointing, requires the weaker blockchain to give up sovereignty. In this paper, we propose a family of protocols in which multiple blockchains interact to create a combined ledger with boosted trust. We show that even if several of the interacting blockchains cease to provide security guarantees, the combined ledger continues to be secure - our TrustBoost protocols achieve the optimal threshold of tolerating the insecure blockchains. This optimality, along with the necessity of blockchain interactions, is formally shown within the classic shared memory model, tackling the long standing open challenge of solving consensus in the presence of both Byzantine objects and processes. Furthermore, our proposed construction of TrustBoost simply operates via smart contracts and require no change to the underlying consensus protocols of the participating blockchains, a form of ``consensus on top of consensus''. The protocols are lightweight and can be used on specific (e.g., high value) transactions; we demonstrate the practicality by implementing and deploying TrustBoost as cross-chain smart contracts in the Cosmos ecosystem using approximately 3,000 lines of Rust code, made available as open source. Our evaluation shows that using 10 Cosmos chains in a local testnet, TrustBoost has a gas cost of roughly $2 with a latency of 2 minutes per request, which is in line with the cost on a high security chain such as Bitcoin or Ethereum