Method of contracting reserves using pedersen commitment and method of proving reserves using zero-knowledge proof algorithm based on pedersen commitment

Abstract

The present invention relates to a method of contracting reserves using a Pedersen commitment and a method of proving reserves using a Pedersen commitment based zero-knowledge proof algorithm. The method of contracting reserves performed by at least one processor includes loading a reserve database in which a plurality of reserves corresponding to a plurality of accounts are stored; generating a plurality of commit values respectively corresponding to the plurality of accounts using a commit key and a plurality of random values; generating a transaction on a smart contract based on the generated plurality of commit values; calculating a total commit value based on the commit key, a total random value corresponding to a sum of the plurality of random values, and a total reserve; and generating a data set including the total commit value, the total reserve, and the commit key.