Siebel School Speaker Series Master Calendar

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

Event Type

Lecture

Sponsor

Illinois Computer Science

Virtual

Date

Mar 19, 2021   9:30 am  

Cost

Free

Contact

Salomé Liebenberg

E-Mail

salomel@illinois.edu

Views

17

Originating Calendar

Siebel School Speakers Calendar

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.