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cryptocurrencies [2019/06/02 14:46]
seredins
cryptocurrencies [2021/03/04 14:03]
fablpd
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 One of the main results we have obtained concerns decentralized payments, or the **asset transfers** problem. One of the main results we have obtained concerns decentralized payments, or the **asset transfers** problem.
-All current solutions for solving ​this problem ​rely on a consensus algorithm, which is a very expensive building block.+Bitcoin is one of the most popular solution to this problem
 +Like all current solutions, Bitcoin relies ​on a consensus algorithm, which is a very expensive building block
 +This reflects both in the poor performance of the Bitcoin platform as well as in its high energy costs.
 We showed that this building block is unnecessary,​ namely that implementing decentralized asset transfers does not require consensus. We showed that this building block is unnecessary,​ namely that implementing decentralized asset transfers does not require consensus.
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 We introduce AT2 (**Asynchronous Trustworthy Transfers**),​ a class of algorithms for solving asset transfers in various models (shared memory, as well as in the deterministic & probabilistic message-passing models). We introduce AT2 (**Asynchronous Trustworthy Transfers**),​ a class of algorithms for solving asset transfers in various models (shared memory, as well as in the deterministic & probabilistic message-passing models).
  
-This result highlights the importance of studying distributed systems from first principles. We+This result highlights the importance of studying distributed systems from first principles. We are currently working on several AT2 implementations. 
 + 
 +**[[poc-at2_project|Check the Low Cost Cryptocurrency page for more informations about our Proof of Concept]]**. 
 + 
 +If you are a student interested in master or semester projects, please contact [[rachid.guerraoui@epfl.ch|Prof. Rachid Guerraoui]] directly.
  
  
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 [[https://​www.youtube.com/​playlist?​list=PL95IbaKDuVrIBfROpLCTLrB6yE09w7O5s|AT2:​ Consensusless Decentralized Cryptocurrency // ZettaBytes, EPFL]] [[https://​www.youtube.com/​playlist?​list=PL95IbaKDuVrIBfROpLCTLrB6yE09w7O5s|AT2:​ Consensusless Decentralized Cryptocurrency // ZettaBytes, EPFL]]
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 +==== News ====
 +[[https://​www.wecangroup.ch/​epfl-and-wecan-group-will-develop-a-blockchain-methodology-with-the-support-of-innosuisse-the-swiss-innovation-agency/​|EPFL and Wecan Group will develop a blockchain methodology with the support of Innosuisse, the swiss innovation agency]] (see also the announce on [[https://​twitter.com/​WecanGroupSwiss/​status/​1367158208285007874?​s=20|Twitter]] and [[https://​www.linkedin.com/​feed/​update/​urn:​li:​activity:​6772924021035069440|Linkedin]]).
  
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 ==== Publications & Preprints ==== ==== Publications & Preprints ====
  
-  - Rachid Guerraoui, Petr Kuznetsov, Matteo Monti, Matej Pavlovic, and Dragos-Adrian Seredinschi. “AT2: Asynchronous Trustworthy Transfers”,​ (arXiv:​1812.10844) [[https://​arxiv.org/​abs/​1812.10844|☞]] +  - Rachid Guerraoui, Petr Kuznetsov, Matteo Monti, Matej Pavlovic, and Dragos-Adrian Seredinschi. “AT2: Asynchronous Trustworthy Transfers”, ​**(Runner for the best paper award - DSN 2020)** - Extended version  ​(arXiv:​1812.10844) [[https://​arxiv.org/​abs/​1812.10844|☞]] 
-  - Rachid Guerraoui, Petr Kuznetsov, Matteo Monti, Matej Pavlovic, and Dragos-Adrian Seredinschi. “The Consensus Number of a Cryptocurrency”. In Proceedings of the 38th Annual ACM Symposium on Principles of Distributed Computing **(PODC 2019)**+  - Rachid Guerraoui, Petr Kuznetsov, Matteo Monti, Matej Pavlovic, and Dragos-Adrian Seredinschi. “The Consensus Number of a Cryptocurrency”. In Proceedings of the 38th Annual ACM Symposium on Principles of Distributed Computing **(PODC 2019)** ​Extended version appears as (arxiv:​1906.05574) [[https://​arxiv.org/​abs/​1906.05574|☞]] 
 +  - [**Best paper award**] Rachid Guerraoui, Petr Kuznetsov, Matteo Monti, Matej Pavlovic, and Dragos-Adrian Seredinschi. “Scalable Byzantine Reliable Broadcast”. In Proceedings of the International Symposium on Distributed Computing, 2019 **(DISC 2019)** Extended version appears as (arxiv:​1908.01738) [[https://​arxiv.org/​abs/​1908.01738|☞]]
  
-==== Members & collaborators ​====+==== In the Media ====
  
 +//​**[[poc-at2_media|Press articles about Low Cost Cryptocurrency]]**//​
 +
 +\\
 +
 +==== Members & collaborators ====
  
 +Our research is partially supported by an ERC Proof of Concept Grant. This project includes both lab members and outside collaborators:​