Opendata, web and dolomites

AT2 SIGNED

Asynchronous Trustworthy Transactions

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 AT2 project word cloud

Explore the words cloud of the AT2 project. It provides you a very rough idea of what is the project "AT2" about.

obtain    aoc    reduce    alternative    either    difficult    erc    nakamoto    impossibility    besides    at2    purpose    although    adversary    trust    trade    paper    solved    transactions    despite    spurred    latency    lower    sacrifice    interesting    patented    pave    efficiency    discovery    throughput    retrospect    broadcast    tackling    hundreds    block    blockchain    implementing    issue    prohibitively    building    led    payment    protocol    agree    chain    classifying    trustworthiness    latencies    simpler    nodes    context    network    consumption    sustains    inherent    offs    worked    solutions    unnecessarily    notoriously    last    becomes    delays    oriented    innovation    hardness    bound    commercialization    possibility    decade    malicious    computing    translate    causal    alternatives    grant    shown    trustworthy    revisited    secure    asynchronous    position    financial    protocols    energy    seek    tokenized    transaction    consensus    original    surprising    devised    distributed    significantly   

Project "AT2" data sheet

The following table provides information about the project.

Coordinator
ECOLE POLYTECHNIQUE FEDERALE DE LAUSANNE 

Organization address
address: BATIMENT CE 3316 STATION 1
city: LAUSANNE
postcode: 1015
website: www.epfl.ch

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Switzerland [CH]
 Total cost 0 €
 EC max contribution 150˙000 € (0%)
 Programme 1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
 Code Call ERC-2019-PoC
 Funding Scheme ERC-POC-LS
 Starting year 2019
 Duration (year-month-day) from 2019-10-01   to  2021-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ECOLE POLYTECHNIQUE FEDERALE DE LAUSANNE CH (LAUSANNE) coordinator 150˙000.00

Map

 Project objective

Although Nakamoto’s original blockchain protocol has spurred significant innovation and financial interest in the last decade, its energy consumption becomes problematic. Besides, transaction latencies are prohibitively high and the system sustains a very low throughput. We have witnessed hundreds of alternative solutions in the last decade. Each seeks to reduce energy consumption, to obtain lower latency, or to improve throughput. All proposed alternatives, however, sacrifice either trustworthiness or efficiency. In retrospect, this is not surprising. All these solutions seek to solve a notoriously difficult problem: consensus. In short, the set of nodes in the network have to agree on the same position of a block in the chain, despite the possibility of malicious behaviour of some of the nodes, or network delays. The consensus problem has been the most studied problem in distributed computing, and many impossibility and lower bound results were established. These results translate into inherent trade-offs between trust and efficiency. In the context of our ERC AOC (Adversary-Oriented Computing) project (advanced grant), we worked on classifying distributed computing problems according to their hardness. While doing so, we revisited the issue of implementing a trustworthy payment system, i.e., the problem solved in Nakamoto’s paper. This led us to a very interesting discovery: Current blockchain protocols are tackling a problem, i.e., consensus, which is unnecessarily strong for their purpose of building a payment system. More specifically, we have shown that it is enough to solve a problem called secure causal broadcast to implement trust in any tokenized application. This is significantly simpler than consensus. We devised a generic asynchronous protocol to solve the secure causal broadcast problem, which we called AT2, Asynchronous Trustworthy Transactions, which we patented. The goal of this project is to pave the path to its commercialization.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "AT2" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "AT2" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.1.1.)

DOUBLE-TROUBLE (2020)

Replaying the ‘genome duplication’ tape of life: the importance of polyploidy for adaptation in a changing environment

Read More  

TORYD (2020)

TOpological many-body states with ultracold RYDberg atoms

Read More  

AllergenDetect (2019)

Comprehensive allergen detection using synthetic DNA libraries

Read More