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"Algorand: A Better Distributed Ledger," with Silvio Micali

Association for Computing Machinery (ACM) 8,224 lượt xem 7 years ago
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Title: Algorand: A Better Distributed Ledger
Date: 10/13/17
Speaker: Silvio Micali

Abstract
A distributed ledger is a tamperproof sequence of data that can be read and augmented by everyone. Distributed ledgers stand to revolutionize the way a democratic society operates. They secure all kinds of traditional transactions—such as payments, asset transfers, titling—in the exact order in which they occur; and enable totally new transactions—such as cryptocurrencies and smart contracts. They can remove intermediaries and usher in a new paradigm for trust. As currently implemented, however, distributed ledgers cannot achieve their enormous potential.

Algorand is an alternative, democratic, and efficient distributed ledger. Unlike prior ledgers based on "proof of work," it dispenses with "miners." Indeed, Algorand requires only a negligible amount of computation. Moreover, its transaction history does not "fork" with overwhelming probability: i.e., Algorand guarantees the finality of all transactions.

Presenter
Silvio Micali
Faculty at MIT and ACM A.M. Turing Award Winner
Silvio Micali recieved his Laurea in Mathematics from the University of Rome, and his Ph.D. in Computer Science from the University of California at Berkeley. Since 1983, he has been on the faculty of the Electrical Engineering and Computer Science Department at MIT.

Silvio’s research interests are cryptography, zero knowledge, pseudo-random generation, secure protocols, mechanism design, and distributed ledgers.

Silvio is the recipient of the ACM A.M. Turing Award (in computer science), the Gödel Prize (in theoretical computer science), and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, the American Academy of Arts and Sciences, and of the Academia dei Lincei.

Moderator
Stephen Ibaraki
Venture Capitalist, Serial Entrepreneur, Investor, and Co-Chair of the ACM Practitioners Board
With more than 100 top executive roles, global lifetime achievement and innovation awards and recognitions, a few of executive chairman and serial entrepreneur Stephen Ibaraki's positions include: Co-Chair of the ACM Practitioners Board; Founding Chair of the Global Industry Council and Vice-Chair IP3 IFIP Board; top 5 blogger IDG-IT World (Canada); Founding Managing Partner at REDDS Venture Investment Partners; Founder of the technology advisory board at Yintech Investment Holdings Ltd.; Founding Chairman for outreach of the UN ITU ICT Discovery Journal; Founding Chair-Moderator/Keynote/Organizer for UN ITU AI events, ITU UN Briefing New York; Founder, Founding Chairman for Outreach, Founding Member of the Steering Committee for the seminal UN ITU AI for Good Global Summit with XPRIZE Foundation; keynote at the International Conference on Software Engineering (ICSE Austin USA); Founding Chairman of the Technology Advisory Council Financial Services Roundtable FinTech Ideas Festival (FSR: 92.7 trillion managed assets, 1.2 trillion annual revenue); Invited Advisor to a board within IEEE; 14 Microsoft Most Valuable Professional Global Awards, 3 Global Gold Awards and 3 Founding Fellow Awards. Other roles include nominated Founding Fellow, Past Board Chair and President of the government-chartered Canadian Information Processing Society (CIPS).

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