Thunderella: Blockchains with Optimistic Instant Confirmation. Rafael Pass and Elaine Shi Cornell Tech & Cornell University
|
|
- Mark Shelton
- 5 years ago
- Views:
Transcription
1 Thunderella: Blockchains with Optimistic Instant Confirmation Rafael Pass and Elaine Shi Cornell Tech & Cornell University
2 State-machine replication (a.k.a. linearly ordered log, consensus, blockchain)
3 State-machine replication (a.k.a. linearly ordered log, consensus, blockchain) Consistency: honest nodes agree on log Liveness: TXs are incorporated soon
4 Classical (e.g. PBFT, Paxos) Blockchains
5 Classical (e.g. PBFT, Paxos) Fast (most of the time) Complex Asynch Blockchains
6 Classical (e.g. PBFT, Paxos) Fast (most of the time) Complex Asynch Simple Robust Slow Sync Blockchains (PoW and non-pow)
7 Thunderella As simple and robust as a blockchain Confirm in 2 actual network rounds in the optimistic case Fall back to blockchain when things go bad
8 Classical (e.g. PBFT, Paxos) Let s start with this Roadmap Blockchains (PoW and non-pow)
9 Classical (e.g. PBFT, Paxos) Roadmap Blockchains (PoW and non-pow)
10
11 Leader proposes transaction (Seq, )
12 Everyone ack s
13 Confirm on upon enough acks
14 Ex: Assume ⅔n+1 honest; wait for ⅔n+1 acks
15 Must intersect at an honest node ⅔n+1 ⅔n+1 Y Assume ⅔n+1 honest
16 Must intersect at an honest node ⅔n+1 ⅔n+1 Y Assume 1/3n malicious
17 Must intersect at an honest node ⅔n+1 ⅔n+1 Y Thus X = Y
18 Assume ⅔ honest and online
19 Assume ⅔ honest and online Consistency Liveness
20 Assume ⅔ honest and online Consistency Liveness Consistency No liveness
21 How do we achieve liveness?
22 How do we achieve liveness? You don t want to know [PBFT, Paxos...]
23 Anatomy of classical consensus Simple normal path Complicated recovery path
24 Classical (e.g. PBFT, Paxos) Roadmap Blockchains (PoW and non-pow)
25 blockchain Thunderella
26 Thunderella for permissionless Thunderella for permissioned
27 Thunderella for permissionless For concreteness, we ll focus on this
28 Leader/ accelerator blockchain miners Committee (recent miners/ stakeholders)
29 Optimistic mode: Instant confirmation honest and online majority honest 3/4 fraction honest and online
30 But, still SECURE as long as: Arbitrary deviation! majority honest majority honest (but need not be online)
31 Must intersect at an honest node ¾n+1 X ¾n+1 Y Assume ½n+1 honest
32 Propose (seq, ) Ack
33 Propose (seq, ) Ack ¾ acks: notarized
34 Confirm maximal lucky sequence ¾ voted: notarized
35 No liveness when ¾ voted: notarized Confirm maximal lucky sequence
36 blockchain collects evidence of
37 blockchain collects evidence of Now enter slow mode
38 What evidence do we collect? Need: faulty nodes cannot implicate honest leader
39 Miners tell blockchain everything they know
40 What evidence do we collect? k blocks
41 What evidence do we collect? k blocks has not appeared in a lucky sequence
42 blockchain collects evidence of Now enter slow mode
43 Nodes have different logs when entering slow mode Now enter slow mode
44 Need: agree on log before entering slow mode Now enter slow mode
45 Stop acking Stop new optimistic transactions output Tell others what Share you knowledge Miners tell blockchain All knowledge what they blockchain know Grace period: k blocks
46 Summary has not appeared in a lucky sequence k blocks Grace period Slow mode
47 Optimistic mode: Instant confirmation honest and online majority honest 3/4 fraction honest and online
48 But, still SECURE as long as: Arbitrary deviation! majority honest majority honest (but need not be online)
49 Thank you.
Analysis of the Blockchain Protocol in Asynchronous Networks. Rafael Pass Lior Seeman abhi shelat Cornell Tech Uber Northeastern
Analysis of the Blockchain Protocol in Asynchronous Networks Rafael Pass Lior Seeman abhi shelat Cornell Tech Uber Northeastern Traditional distributed systems: The Permissioned Model Consistency Liveness
More informationComputer Security. 13. Blockchain & Bitcoin. Paul Krzyzanowski. Rutgers University. Spring 2018
Computer Security 13. Blockchain & Bitcoin Paul Krzyzanowski Rutgers University Spring 2018 April 18, 2018 CS 419 2018 Paul Krzyzanowski 1 Bitcoin & Blockchain Bitcoin cryptocurrency system Introduced
More informationMANO Coin Light Paper. The Masternode Foundation
MANO Coin Light Paper The Masternode Foundation Masternodes Will Be Huge in 2018 Are Masternodes the New Mining? N1NJAWTF DECEMBER 16, 2017 INTRODUCTION Since late 2017, several crypto specialists have
More informationBlockchain Economics
Blockchain Economics Joseph Abadi & Markus Brunnermeier (Preliminary and not for distribution) March 9, 2018 Abadi & Brunnermeier Blockchain Economics March 9, 2018 1 / 35 Motivation Ledgers are written
More informationGame Theoretic Notions of Fairness in Multi-Party Coin Toss
TCC 28 (Goa) Game Theoretic Notions of Fairness in Multi-Party Coin Toss Kai-Min Chung, Yue Guo, Wei-Kai Lin, Rafael Pass, and Elaine Shi Nov 3, 28 Who Gets to TCC in Goa? Soft merge of A and B Only one
More informationBlockchain Technology: Concepts. Whitepaper 1
Whitepaper 1 Introduction Cryptocurrency, the digital currency system that enables global monetary transactions between two parties without the need for a trusted third party financial institution, has
More informationCONTENTS DISCLAIMER... 3 EXECUTIVE SUMMARY... 4 INTRO... 4 ICECHAIN... 5 ICE CHAIN TECH... 5 ICE CHAIN POSITIONING... 6 SHARDING... 7 SCALABILITY...
CONTENTS DISCLAIMER... 3 EXECUTIVE SUMMARY... 4 INTRO... 4 ICECHAIN... 5 ICE CHAIN TECH... 5 ICE CHAIN POSITIONING... 6 SHARDING... 7 SCALABILITY... 7 DECENTRALIZATION... 8 SECURITY FEATURES... 8 CROSS
More informationBlockchain in Healthcare
Blockchain in Healthcare Presented to the Kentucky HFMA Chapter Tom Skoog, Principal July 19, 2018 What are Blockchain and Bitcoin and How Can They Be Used? Bitcoin and Blockchain - - what s the difference
More informationIntroduction to Blockchains. John Kelsey, NIST
Introduction to Blockchains John Kelsey, NIST Overview Prologue: A chess-by-mail analogy What problem does a blockchain solve? How do they work? Hash chains Deciding what blocks are valid on the chain
More informationU-BET DECENTRALIZED ONLINE SPORTS BETTING PLATFORM ON MASTERNODES AND SMARTCONTRACTS LIGHTPAPER
U-BET DECENTRALIZED ONLINE SPORTS BETTING PLATFORM ON MASTERNODES AND SMARTCONTRACTS With Dedicated ios and Android Apps (U-BET wallets, exchange and payment gateways integrated) LIGHTPAPER Sports Betting
More informationBACK TO BASICS: BLOCKCHAIN, FINTECH, INSURTECH AND PROPTECH
BACK TO BASICS: BLOCKCHAIN, FINTECH, INSURTECH AND PROPTECH WIN In-House Counsel Day Melbourne 2018 Thursday 15 March 2018 www.dlapiper.com Thursday 15 March 2018 0 Our objectives today 1. An overview
More informationEquity Marketplace A Blockchain Implementation
Equity Marketplace A Blockchain Implementation About us I am Tullio Menga, ICT architect and developer. I have been working in Capital Market area during last twenty years, specifically in the field of
More informationIn the future, many kinds of cryptocurrencies will be born, and service competition will increase.
A financial revolution will be triggered by the birth of Blockchain! When people began to say this, most people did not attempt to listen to it. Several years have passed since then, and only some people
More informationBitcoin. CS 161: Computer Security Prof. Raluca Ada Popa. April 11, 2019
Bitcoin CS 161: Computer Security Prof. Raluca Ada Popa April 11, 2019 What is Bitcoin? Bitcoin is a cryptocurrency: a digital currency whose rules are enforced by cryptography and not by a trusted party
More informationIntroduction to Blockchain Technology
Introduction to Blockchain Technology Current Trends in Artificial Intelligence Volker Strobel PhD student @ IRIDIA 23 February 2017 Part I: Bitcoin: Idea, Basics, Technology Part II: Altcoins, Use cases,
More informationBitcoins and Blockchains
Bitcoins and Blockchains 1 Bitcoins? 2 Properties of money Symbolises value Substitutes value Proof of ownership Easy to transfer Agreed upon value Difficult to forge/limited supply Needs little storage
More informationPrivacyStake Whitepaper
PrivacyStake Whitepaper Support@PrivacyStake.com Introduction PrivacyStake has seen cryptocurrency grow throughout the years. Since 2016 staking and lending platforms have become more popular. However,
More informationBlockchain made Simple
Blockchain made Simple Rhonda Okamoto, Blockchain & Cryptocurrency Enthusiast rhondaokamoto@gmail.com 609-433-1442 What is Blockchain? When and Where is Blockchain useful? What is the difference between
More informationAleator: Random Beacon via Scalable Threshold Signatures
Aleator: Random Beacon via Scalable Threshold Signatures Robert Chen Mentored by Alin Tomescu PRIMES Computer Science Conference 10/13/18 1 Why Scalability? Scalable threshold signature scheme Increased
More informationEconomic Incentives and Blockchain Security
Economic Incentives and Blockchain Security Abstract Much like steam engines and the internet, blockchain has emerged as a disruptive technology and a foundation for tomorrow s businesses and ecosystem.
More information8:30-9:00 am Breakfast
Thursday, January 24 8:30-9:00 am Breakfast 9:00-9:50 am Elaine Shi, Cornell University/Thunder Research Title: Synchronous, with a Chance of Partition Tolerance Abstract: Thunder is a practical instantiation
More informationBitcoin. CS 161: Computer Security Prof. Raluca Ada Poipa. April 24, 2018
Bitcoin CS 161: Computer Security Prof. Raluca Ada Poipa April 24, 2018 What is Bitcoin? Bitcoin is a cryptocurrency: a digital currency whose rules are enforced by cryptography and not by a trusted party
More informationTime, Bitcoin, and the Lightning Network
Time, Bitcoin, and the Lightning Network Joseph Poon SF Bitcoin Devs - July 6, 2015 Topics Bitcoin, Timestamping, and Ordering Financial Systems and Time Quick refresher on Lightning Network Survey of
More informationNovember 2018 Abstract
etxcoin@outlook.com November 2018 Abstract A purely peer-to-peer version of electronic cash scalable and friendly to use would allow online payments to be sent directly from one party to another without
More informationFrom Blockchain Consensus Back to Byzantine Consensus
From Blockchain Consensus Back to Byzantine Consensus Vincent Gramoli Data61-CSIRO and University of Sydney Australia Abstract Consensus is a fundamental problem of distributed computing. While this problem
More informationIntroduction to Blockchain Rick McMullin, bitheads, inc.
Introduction to Blockchain Rick McMullin, bitheads, inc. mcmullin@bitheads.com What we will cover What is blockchain? History and examples of a few blockchains The crypto craze Why use a blockchain? What
More informationDRAFT Dsion is. Startup Funding on Blockchain Platform
DRAFT 1.0.9 Dsion is Startup Funding on Blockchain Platform 2 Dsion White Paper Startup Funding on Blockchain Platform CONTENTS 1. What is Dsion? 5 1) Dsion Summary 5 1-1) Absence of a Fair and Secure
More informationResearch Faculty Summit Systems Fueling future disruptions
Research Faculty Summit 2018 Systems Fueling future disruptions BlockchainDB Towards a Shared Database on Blockchains Carsten Binnig Data Management Lab, TU Darmstadt Blockchains: A Shared Database? Client
More informationThe Path to. Take Control of Your Financial Future. Yes, there IS a way to make money in this market! OmniTrader. Special Offer Enclosed
The Path to TRADINGSUCCESS Take Control of Your Financial Future Yes, there IS a way to make money in this market! OmniTrader Special Offer Enclosed 1 Trade the Moves. Make money in ANY market. If you
More informationProblem 3 Solutions. l 3 r, 1
. Economic Applications of Game Theory Fall 00 TA: Youngjin Hwang Problem 3 Solutions. (a) There are three subgames: [A] the subgame starting from Player s decision node after Player s choice of P; [B]
More informationWhat is HomeBlockCoin
Whitepaper This is not the final version of the HomeBlockCoin whitepaper. There won t be any significant changes but we will add more information as soon as possible. About HomeBlockCoin HomeBlockCoin
More informationBlockchain 101 for Healthcare Session 145 March 7, 2018, 11:30 a.m.
Blockchain 101 for Healthcare Session 145 March 7, 2018, 11:30 a.m. Brian Behlendorf, Executive Director of Hyperledger at The Linux Foundation Corey Todaro, Chief Operating Officer at Hashed Health 1
More informationBlockchain, data protection, and the GDPR
Blockchain, data protection, and the GDPR v1.0 25.05.2018 Contributors: Natalie Eichler, Silvan Jongerius, Greg McMullen, Oliver Naegele, Liz Steininger, Kai Wagner Introduction GDPR was created before
More informationMetro: A peer-to-peer cross-chain digital asset exchange
Metro: A peer-to-peer cross-chain digital asset exchange Metro.software 2018 metrosoftware@zoho.com Abstract The pegged sidechain technology allows us to safely move assets from the asset mainchain to
More informationThe Hidden Costs of Paper-Based Payments. How Electronic Payments Save You Time, Cut Your Costs and Improve Your Customer Relationships
The Hidden Costs of Paper-Based Payments How Electronic Payments Save You Time, Cut Your Costs and Improve Your Customer Relationships The Hidden Costs of a Simple Check B2B payment methods are slow and
More informationTHE FIRST HYBRID CRYPTOCURRENCY IN CRYPTOWORLD
Cryptocurrency for traders, investors and miners THE FIRST HYBRID CRYPTOCURRENCY IN CRYPTOWORLD receipt About IQ.cash IQ.сash is universal large-scale blockchain platform for Traders, Investors & Miners.
More informationRGC brings a Revolutionary Lending Platform in Cryptocurrency Market WHITEPAPER
RGC brings a Revolutionary Lending Platform in Cryptocurrency Market WHITEPAPER Contents Introduction...3 Vision...3 Solution...3 ICO...4 ICO Rounds...4 Investment Opportunity...5 Lending Opportunity...5
More informationMobilizing Blockchain Technology for the Automotive Industry Duncan Westland Ernst & Young. #EY_Automotive
Mobilizing Blockchain Technology for the Automotive Industry Duncan Westland Ernst & Young #EY_Automotive Agenda Blockchain 101: What They Do, How They Work Blockchain Applications: Operations Ecosystems
More informationWhite Paper. Bizanc Blockchain
White Paper Versão 0.0.1 Bizanc Blockchain 1.0 Summary Bizanc is a decentralized platform for commercialization of digital assets, operating on a Blockchain architecture, allowing trading of cryptocurrencies
More informationWhat is blockchain? How is it going to affect Business?
Vrije Universiteit Amsterdam Research Paper What is blockchain? How is it going to affect Business? Luc Severeijns supervised by Prof.Dr. Sandjai Bhulai November 6, 2017 Executive Summary This research
More informationYour investment mix should always reflect your financial objectives,
# 68 291 Allocate Assets at the Current Stage of Your Life By Garry Good, MBA Your investment mix should always reflect your financial objectives, time horizon, and risk tolerance. A well-designed portfolio
More informationarxiv: v1 [q-fin.gn] 6 Dec 2016
THE BLOCKCHAIN: A GENTLE FOUR PAGE INTRODUCTION J. H. WITTE arxiv:1612.06244v1 [q-fin.gn] 6 Dec 2016 Abstract. Blockchain is a distributed database that keeps a chronologicallygrowing list (chain) of records
More informationSan Francisco State University ECON 302. Money
San Francisco State University ECON 302 What is Money? Money Michael Bar We de ne money as the medium of echange in the economy, i.e. a commodity or nancial asset that is generally acceptable in echange
More informationSolution Brief. Trusting the transaction of things: IoT and blockchain intersect
Solution Brief Trusting the transaction of things: IoT and blockchain intersect With all of the buzz around blockchain technology supporting a new generation of transactional applications, you may be wondering
More informationPaolo Caniccio. A Blockchain solution for European SMEs
Paolo Caniccio A Blockchain solution for European SMEs IFTA 2017 - Milan A Blockchain solution for European SMEs Paolo Caniccio London Stock Exchange Group London Stock Exchange Group Three years ago Page
More informationBLOCKCHAIN CREDIT PLATFORM. March 29, Version Draft for open community review. Subject to change
BLOCKCHAIN CREDIT PLATFORM Version 0.14 March 29, 2018 Draft for open community review. Subject to change 1. Credit risk management market 2. Problem 3. Solution 4. Platform structure 5. Benefits for market
More informationQUOTE COMPARISON
QUOTE 0800 802 1764 www.staffabsenceinsurance.com THE QUOTE REVOLUTION Across all lines of mainstream insurance, buyers have become increasingly reliant on comparison sites to find the most suitable and
More informationSmart Investment Platform
Smart Investment Platform ICOTIN Platform enables teams to raise funds for projects via token sales to Investors. ICOTIN provides turnkey solutions for Initial Coin Offerings (ICO) with customizations
More informationI. Basic Concepts of Input Markets
University of Pacific-Economics 53 Lecture Notes #10 I. Basic Concepts of Input Markets In this lecture we ll look at the behavior of perfectly competitive firms in the input market. Recall that firms
More informationwhitepaper Abstract Introduction Features Special Functionality Roles in DiQi network Application / Use cases Conclusion
whitepaper Abstract Introduction Features Special Functionality Roles in DiQi network Application / Use cases Conclusion Abstract DiQi (pronounced Dee Chi) is a decentralized platform for smart property.
More informationGeneral Messages (Evergreen) Prior to January 14 th, 2011 (Nov/Dec/Jan)
Free File Content Calendar Incorporate these social media posts, tweets, and messages into your social media channels as you engage with the public this tax season. These messages can also be easily incorporated
More informationProbability Basics. Part 1: What is Probability? INFO-1301, Quantitative Reasoning 1 University of Colorado Boulder. March 1, 2017 Prof.
Probability Basics Part 1: What is Probability? INFO-1301, Quantitative Reasoning 1 University of Colorado Boulder March 1, 2017 Prof. Michael Paul Variables We can describe events like coin flips as variables
More information10 TIPS FOR TRADING SUCCESS. 10 tips for trading success. by Paddy Osborn
10 tips for trading success by Paddy Osborn 1 Welcome to our 10 tips for trading success. One of the tempting things about opening an online trading account is that it is so quick and easy to do, and in
More informationWILL BLOCKCHAIN CHANGE THE WORLD?
WILL BLOCKCHAIN CHANGE THE WORLD? Pam Brodsack TMG Chief Technology Officer Making Life Easier 6.16 Copyright 2016 TMG, LLC. All rights reserved. EXECUTIVE SUMMARY Can blockchain technology really change
More informationEconomics 302 Intermediate Macroeconomic Theory and Policy (Fall 2009) Lecture Nov , 2009
Economics 302 Intermediate Macroeconomic Theory and Policy (Fall 2009) Lecture 21-22 Nov. 12-17, 2009 Outline: Investment Fluctuations in investment spending How firms make investment decisions The investment
More informationBlockchain & beleggingen. NBA Amsterdam, 28 mei 2018
Blockchain & beleggingen NBA Amsterdam, 28 mei 2018 Introductie Dennis de Vries Joined in 2015 as senior manager Audit serving financial institutions Appointed lead KPMG Digital Ledger Services Netherlands
More informationDemocratic Cryptocurrency Unity
Democratic Cryptocurrency Unity Cryptocurrencies came to the world in the recent decade and attempted to put a new order where the financial system is not governed by a centralized entity, and where you
More informationMODULE 1 INTRODUCTION PROGRAMME. CFDs: OVERVIEW AND TRADING ONLINE
INTRODUCTION PROGRAMME CFDs: OVERVIEW AND TRADING ONLINE JUNE 2016 In this module we look at the basics: what CFDs are and how they work. We look at some worked examples, as well as how to place a trade
More informationMaximum Likelihood Estimation
Maximum Likelihood Estimation EPSY 905: Fundamentals of Multivariate Modeling Online Lecture #6 EPSY 905: Maximum Likelihood In This Lecture The basics of maximum likelihood estimation Ø The engine that
More informationACCIDENT INVESTIGATION
1604 ACCIDENT INVESTIGATION Leader s Guide Marcom Group Ltd. Structure and Organization Information in this program is presented in a definite order so that employees will see the relationships between
More informationCS 188: Artificial Intelligence
CS 188: Artificial Intelligence Markov Decision Processes Dan Klein, Pieter Abbeel University of California, Berkeley Non Deterministic Search Example: Grid World A maze like problem The agent lives in
More informationBlockchain 2.0: Smart Contracts
Blockchain 2.0: Smart Contracts Karan Bharadwaj August 7, 2016 The relevance of blockchain technology to the financial world has grown substantially over the last few years. An important aspect of the
More informationNEW PRINCIPLES TO EXPLORE BANKING BLOCKCHAIN USE CASES EFFECTIVELY
NEW PRINCIPLES TO EXPLORE BANKING BLOCKCHAIN USE CASES EFFECTIVELY Summary A new breed of blockchains are being developed to become identifiable, controllable and asset-agnostic. This evolving architecture
More informationWhen You Shouldn't Use Blockchains or Smart Contracts
When You Shouldn't Use Blockchains or Smart Contracts axel simon, Office of the CTO axel@redhat.com OpenFintech Forum 2018-10-11 Presentation agenda - What are blockchains? (and what are they useful for?)
More informationThe Blockchain Trevor Hyde
The Blockchain Trevor Hyde Bitcoin I Bitcoin is a cryptocurrency introduced in 2009 by the mysterious Satoshi Nakomoto. I Satoshi Nakomoto has never been publicly identified. Bitcoin Over the past year
More informationBuilding future ready product with blockchain
Building future ready product with blockchain CASE STUDY Cube MOBILE BANKING APP Copyright 2017 Talentica Software (I) Pvt Ltd. All rights reserved. background Client: Cube Industry: Personal Finance Founders:
More informationCS 188: Artificial Intelligence
CS 188: Artificial Intelligence Markov Decision Processes Dan Klein, Pieter Abbeel University of California, Berkeley Non-Deterministic Search 1 Example: Grid World A maze-like problem The agent lives
More informationIBM Blockchain Platform Explained
IBM Blockchain Platform Explained An Introduction to the IBM Blockchain Platform Eric Cattoir eric_cattoir@be.ibm.com @CattoirEric Blockchain Explained Series Blockchain Explained IBM Blockchain Platform
More informationPennyStockProphet.com:
PennyStockProphet.com: Everything You Need To Know Before Investing In Micro Cap Stocks By James Connelly A.K.A. The Penny Stock Prophet www.pennystockprophet.com Getting Started Investing In Micro-Cap
More informationfargocoin.org fargopromo.org fargochain.org github.com/fargocoin fargofaucet.com befargo.com twitter.com/fargocoin coinrate.net fargobase.
fargocoin.org Fargo Promo fargopromo.org Blockchain fargochain.org Github github.com/fargocoin twitter.com/fargocoin Faucet fargofaucet.com Mining pool befargo.com facebook.com/fargocoin Exchange coinrate.net
More informationKomodo Platform Overview
Komodo Platform Overview w w w. k o m o d o p l a t f o r m. c o m Goldenman Korean Ambassador KOMODO basic information Category : Privacy, Platform ICO Date : 2016 년 9-10 월 Total supply : 200,000,000
More informationAlgorithmic Game Theory
Algorithmic Game Theory Lecture 10 06/15/10 1 A combinatorial auction is defined by a set of goods G, G = m, n bidders with valuation functions v i :2 G R + 0. $5 Got $6! More? Example: A single item for
More informationWhite paper (ver ) AKASHIC FOUNDATION LTD. All rights reserved.
White paper (ver 0.21.2) 2018. AKASHIC FOUNDATION LTD. All rights reserved. 1 Introduction The future we think Our future will become ever more complex, and more transactions and data will be created.
More informationJian Chan Australian Lead E:
The Vertical Blockchain Solution NEM-101 www.nem.io Jian Chan Australian Lead E: jian@nemaustralia.io Jian Chan Australian Lead E: jian@nemaustralia.io Insert NEM.io landing page video here. https://nem.io/wp-content/themes/nem/video/nem-basic-intro-small.mp4
More informationL3. Blockchains and Cryptocurrencies
L3. Blockchains and Cryptocurrencies Alice E. Fischer September 6, 2018 Blockchains and Cryptocurrencies... 1/16 Blockchains Transactions Blockchains and Cryptocurrencies... 2/16 Blockchains, in theory
More informationBlockchain Technology: Preparing for Change
04 Blockchain Technology: Preparing for Change Blockchain Technology: Preparing for Change 04 In Short Blockchain-related Venture Capital $392.86 million in 2015 funding through July Settlement Days Syndicated
More informationCUR 412: Game Theory and its Applications, Lecture 4
CUR 412: Game Theory and its Applications, Lecture 4 Prof. Ronaldo CARPIO March 27, 2015 Homework #1 Homework #1 will be due at the end of class today. Please check the website later today for the solutions
More informationEconomic Growth C H A P T E R C H E C K L I S T. When you have completed your study of this chapter, you will be able to
Economic Growth CHAPTER25 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to 1 Define and calculate the economic growth rate, and explain the implications
More informationchainfrog WHAT ARE SMART CONTRACTS?
chainfrog WHAT ARE SMART CONTRACTS? WHAT ARE SMART CONTRACTS AND WHERE AND WHY WOULD YOU USE THEM A question I get asked again and again at lectures and conferences is, what exactly are smart contracts?
More informationfor Newcomers and New Canadians Module 2 How to Build Credit In Canada Student Workbook
for Newcomers and New Canadians Module 2 How to Build Credit In Canada Student Workbook Welcome! This workshop is about credit. Credit is buying something now, but paying for it later. Credit can be useful
More informationOne Team, One Plan. Together we are HomeServe
One Team, One Plan Together we are HomeServe Welcome Welcome to One Plan, our Global Share Incentive Plan, which enables everyone at HomeServe to become an owner of our company. It s an opportunity for
More informationHomework #6 Suggested Solutions
JEM034 Corporate Finance Winter Semester 2017/2018 Instructor: Olga Bychkova Homework #6 Suggested Solutions Problem 1. (22) Buffelhead s stock price is $220 and could halve or double in each six month
More informationBlockchain & The Telecoms Industry IIT RTC Conference, Chicago October
Blockchain & The Telecoms Industry IIT RTC Conference, Chicago dean.bubley@disruptive-analysis.com @disruptivedean Dean Bubley & Disruptive Analysis Tech/telecom analyst & strategic consulting since 1991
More informationBitcoin and why it will change the world
Bitcoin and why it will change the world Luv Khemani What is Bitcoin? Brief History of Bitcoin - Bitcoin Design paper released in 2008 by an annonymous programmer calling himself Satoshi Nakamoto - Bitcoin
More informationCSV 886 Social Economic and Information Networks. Lecture 5: Matching Markets, Sponsored Search. R Ravi
CSV 886 Social Economic and Information Networks Lecture 5: Matching Markets, Sponsored Search R Ravi ravi+iitd@andrew.cmu.edu Simple Models of Trade Decentralized Buyers and sellers have to find each
More informationCIS 540 Fall 2009 Homework 2 Solutions
CIS 54 Fall 29 Homework 2 Solutions October 25, 29 Problem (a) We can choose a simple ordering for the variables: < x 2 < x 3 < x 4. The resulting OBDD is given in Fig.. x 2 x 2 x 3 x 4 x 3 Figure : OBDD
More informationImpacting the Bottom Line. Cost Reduction: Planning & Control. Bottom Line (costs) A = Costs (what we expend) B = Revenue, sales (what we generate)
Cost Reduction: Planning & Control Break Even Point & Decision Tree Analysis (l.u. 4/2/13) Impacting the Bottom Line Calls for an understanding of: Variation Waste & Value Investments (time, capital, resources,
More informationOn the Security and Scalability of Proof of Work Blockchains
On the Security and Scalability of Proof of Work Blockchains Arthur Gervais ETH Zurich Scaling Bitcoin 2016 - Milan Synchronization Broadcast of transactions/blocks All transactions, blocks need to be
More informationSMT and POR beat Counter Abstraction
SMT and POR beat Counter Abstraction Parameterized Model Checking of Threshold-Based Distributed Algorithms Igor Konnov Helmut Veith Josef Widder Alpine Verification Meeting May 4-6, 2015 Igor Konnov 2/64
More informationMarkov Decision Processes
Markov Decision Processes Robert Platt Northeastern University Some images and slides are used from: 1. CS188 UC Berkeley 2. RN, AIMA Stochastic domains Image: Berkeley CS188 course notes (downloaded Summer
More informationMA 1125 Lecture 14 - Expected Values. Wednesday, October 4, Objectives: Introduce expected values.
MA 5 Lecture 4 - Expected Values Wednesday, October 4, 27 Objectives: Introduce expected values.. Means, Variances, and Standard Deviations of Probability Distributions Two classes ago, we computed the
More informationBLOCKCHAINS MINING NUMBERS NOT GOLD
BLOCKCHAINS MINING NUMBERS NOT GOLD PRESENTED BY DESPITE A FAMILY IN FINANCE I VE MADE ONLY ONE INVESTMENT Living in Malaysia for 20 Years Building Web Applications for 15 Years Building Tech Communities
More informationof the Charlotte Real Estate Market
HELEN ADAMS REALTY of the Charlotte Real Estate Market January 21, 2014 1 Mastery Mastery in one s career and consciousness growth simply requires that we constantly produce results beyond and out of the
More informationReinforcement Learning. Slides based on those used in Berkeley's AI class taught by Dan Klein
Reinforcement Learning Slides based on those used in Berkeley's AI class taught by Dan Klein Reinforcement Learning Basic idea: Receive feedback in the form of rewards Agent s utility is defined by the
More informationSCHEDULE CREATION AND ANALYSIS. 1 Powered by POeT Solvers Limited
SCHEDULE CREATION AND ANALYSIS 1 www.pmtutor.org Powered by POeT Solvers Limited While building the project schedule, we need to consider all risk factors, assumptions and constraints imposed on the project
More informationIt is not intended to be legal advice Day 1-3:
Disclaimer: This guide is meant to provide general, helpful information to an Executor/Personal Representative of an Estate. It is not intended to be legal advice or a set of hard-and-fast rules. If you
More informationBanking: operation transformation. 15 June 2016
Banking: operation transformation 15 June 2016 Blockchain the transaction makeover 15 June 2016 Luis Pastor Head of IT Consulting and Global Blockchain leader Grant Thornton Spain When the trust relies
More informationMaking Blockchain Real for Business Explained. V3.7, 27 October 16
Making Blockchain Real for Business Explained V3.7, 27 October 16 Page 1 Contents is Blockchain? Enterprise Design considerations? can IBM help us apply Blockchain? Page 2 Business networks, wealth & markets
More informationThe Social Side of Retirement SM
The Social Side of Retirement SM Exploring Social Security Retirement Benefits TABLE OF CONTENTS 2 Social Security and you 3 Filing for benefits 6 Benefits for spouses 8 How spousal benefits work 13 Working
More informationAgenda. The debate about blockchain: unclear and unsettled? Advancing economics in business. Unclear and unsettled?
Agenda Advancing economics in business The debate about blockchain: unclear and unsettled? Post-trading the clearing and settlement of securities and money after a trade has always been considered the
More information