Vger: A VRF based cross-chain mechanism for blockchains

Abstract

As a new distributed computing paradigm, blockchain is rapidly evolving in areas such as digital finance and cryptocurrency. However, existing blockchain projects adopt different blockchain architectures and protocols, as a result it is difficult for different blockchain systems to flow value to each other or communicate information, and different blockchain systems become isolated islands. This has brought limitations to the usable range, function and scalability of blockchain technology. In order to solve this problem, and bulid trust between different blockchain networks, cross-chain technology has been proposed and received a lot of attention. In this paper we proposed a cross-chain mechanism based on verifiable random functions ( VRF ) and threshold cryptography, we name this scheme as Vger. In Vger, through VRF based cryptographic sortition to select management committee for escrow account and dynamic security setting mechanism, that optimize the security and efficiency about cross-chain transaction.