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LECTURE: Prof. Alexander Russell, University of Connecticut, "Nakamoto Consensus via Proof of Stake"

Event Type
Lecture
Sponsor
Illinois Computer Science
Virtual
wifi event
Date
Mar 19, 2021   9:30 am  
Cost
Free
Contact
Salomé Liebenberg
E-Mail
salomel@illinois.edu
Views
15

Abstract:

We introduce Nakamoto consensus and discuss the efficiency challenges of conventional Proof-of-Work-based solutions like Bitcoin. We then discuss the Proof of Stake paradigm and outline the design and analysis of blockchains such as Ouroboros, that provide provable consistency and liveness in this setting.

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