SoK: Decentralized Randomness Beacon Protocols (2205.13333v1)

Abstract: The scientific interest in the area of Decentralized Randomness Beacon (DRB) protocols has been thriving recently. Partially that interest is due to the success of the disruptive technologies introduced by modern cryptography, such as cryptocurrencies, blockchain technologies, and decentralized finances, where there is an enormous need for a public, reliable, trusted, verifiable, and distributed source of randomness. On the other hand, recent advancements in the development of new cryptographic primitives brought a huge interest in constructing a plethora of DRB protocols differing in design and underlying primitives. To the best of our knowledge, no systematic and comprehensive work systematizes and analyzes the existing DRB protocols. Therefore, we present a Systematization of Knowledge (SoK) intending to structure the multi-faced body of research on DRB protocols. In this SoK, we delineate the DRB protocols along the following axes: their underlying primitive, properties, and security. This SoK tries to fill that gap by providing basic standard definitions and requirements for DRB protocols, such as Unpredictability, Bias-resistance, Availability (or Liveness), and Public Verifiability. We classify DRB protocols according to the nature of interactivity among protocol participants. We also highlight the most significant features of DRB protocols such as scalability, complexity, and performance along with a brief discussion on its improvement. We present future research directions along with a few interesting research problems.