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zeekayandHanzo Dev 70f6883235 Restore the regulated-markets papers; Lux holds the licences
A July commit removed eight papers on the premise "no license — DEX/non-custodial
only". That premise is wrong: Lux operates an ATS, a broker-dealer, a transfer
agent and a bank, and this material is resold at lux.financial. The merge that
brought main in preserved the removal because the commit stated a reason, which
is how a stale reason outlives the fact it rested on.

Back, at the versions main carried — main never received the removal, so its
copies are the later ones: the ATS architecture, the security-token standard,
smart order routing, institutional custody, MPC custody, post-quantum securities,
the SSB partnership and the CoinBridge brief. 83 files.

Co-authored-by: Hanzo Dev <[email protected]>
2026-08-30 15:58:05 -07:00

66 lines
2.6 KiB
TeX

\section{HSM Attestation}
\label{sec:hsm}
%% =====================================================================
Every signing operation is co-attested by a hardware security module
(HSM). The HSM does not hold a threshold share; instead, it provides
an attestation that the signing environment is uncompromised.
\begin{definition}[HSM Co-Signing]
The HSM maintains a signing key $k_{\text{HSM}}$ inside tamper-resistant
hardware. For each threshold signing request:
\begin{enumerate}[nosep]
\item The MPC node presents the partial signature $\sigma_i$ and
the signing context (message hash, signer set, policy).
\item The HSM verifies that the policy permits the operation (e.g.,
withdrawal amount within daily limit, destination on allowlist).
\item If the policy check passes, the HSM produces an attestation
$\alpha_i = \mathsf{Sign}_{k_{\text{HSM}}}(\sigma_i \|
\text{context})$.
\item The partial signature is accepted only if $\alpha_i$ verifies.
\end{enumerate}
\end{definition}
\begin{theorem}[HSM Composition]
\label{thm:hsm-compose}
Adding HSM attestation does not weaken the threshold unforgeability
guarantee: if the threshold protocol is unforgeable under $t-1$
corruption, then the protocol with HSM attestation is also unforgeable
under $t-1$ corruption, even if the HSM key is compromised.
\end{theorem}
\begin{proof}[Proof sketch]
The HSM attestation is an additional verification layer applied after
partial signature generation. Removing the HSM check (as would happen
if the HSM key is compromised and the adversary can forge attestations)
reduces to the base threshold protocol, which is unforgeable by
Theorem~\ref{thm:cggmp-uf}/\ref{thm:frost-uf}. The HSM can only
\emph{add} security (by rejecting unauthorized operations) but its
compromise cannot \emph{remove} the threshold unforgeability property.
Formally: the advantage of an adversary against the HSM-augmented
protocol is at most $\epsilon_{\text{threshold}} +
\epsilon_{\text{HSM}}$, and the bound holds even when
$\epsilon_{\text{HSM}} = 1$ (complete HSM compromise).
\end{proof}
\subsection{Supported HSM Backends}
\begin{table}[h]
\centering
\begin{tabular}{llr}
\toprule
\textbf{Backend} & \textbf{Key Type} & \textbf{Attestation Latency} \\
\midrule
AWS CloudHSM & ECDSA P-256 & 3.2 ms \\
GCP Cloud HSM & ECDSA P-256 & 4.1 ms \\
Zymbit HSM6 & ECDSA secp256k1 & 1.8 ms \\
YubiHSM 2 & Ed25519 & 2.4 ms \\
\bottomrule
\end{tabular}
\caption{HSM attestation latency by backend.}
\label{tab:hsm}
\end{table}
%% =====================================================================