IACR News item: 24 June 2025
Erkan Uslu, Oğuz Yayla
Verifiable Timed Signatures (VTS) are cryptographic primitives that enable the creation of a signature that can only be retrieved after a specific time delay, while also providing verifiable evidence of its existence. This framework is particularly useful in blockchain applications. Current VTS schemes rely on signature algorithms such as BLS, Schnorr, and ECDSA, which are vulnerable to quantum attacks due to the vulnerability of the discrete logarithm problem to Shor's Algorithm. We introduce VT-UOV, a novel VTS scheme based on the Salt-Unbalanced Oil and Vinegar (Salt-UOV) Digital Signature Algorithm. As a multivariate polynomial-based cryptographic primitive, Salt-UOV provides strong security against both classical and quantum adversaries. Adapting Salt-UOV into the VTS framework requires addressing challenges such as complex parameters instead of a integer, the computational complexity of solving multivariate equations, and the integration of Time-Lock Puzzles (TLPs) for enforcing delayed signature generation. Our experimental results show that VT-UOV exhibits a unique performance profile among existing VTS constructions. This paper offers a detailed exploration of the VT-UOV scheme and its overall security and performance properties.
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