I am delighted to see the recent news coverage about the Ouroboros paper being accepted to Crypto 17, the most prestigious cryptography event of the year. No other blockchain protocol, apart from Bitcoin, has achieved this level of academic peer review. This is recognition from the academic community that this paper is a serious contribution to cryptography, in being the first…
A solution for scalable randomness
SCRAPE can handle far more users than previous solutions and can be applied to blockchain protocols, electronic voting, anonymous instant messaging and more
6 June 2017 7 mins read
It is well known that randomness is a fundamental resource for secure cryptographic schemes. All common encryption and authentication schemes are only as secure as their randomness sources are good. Using a poor randomness source can basically render insecure every cryptographic scheme that would otherwise be secure. In many cases, it is sufficient to have a trustworthy local…
Team Grothendieck move closer to ETC goal
Working on the code in Argentina
22 May 2017 6 mins read
Team Grothendieck move closer to Ethereum Classic goal - Input Output
It took a little longer than expected but I finally made the trip to Buenos Aires, Argentina. In fact, I'm standing at a work desk by the window in Frankfurt airport waiting for my flight back to Dublin. I'm enjoying a gloriously sunny day here through the wall of glass.
It was another productive trip, a lot has happened since the Team Grothendieck trips to Poland and St Petersburg. In our work to build a Scala client for Ethereum Classic there has been a lot of code written, a lot of understanding gained, and a couple of milestones reached: we now have the ability to download and execute blocks of transactions from the ETC chain. We have also evolved a lot as a…
Cryptocurrencies need a safeguard to prevent another DAO disaster
High assurance brings mission-critical security to digital funds
12 May 2017 13 mins read
Cryptocurrencies need a safeguard to prevent another DAO disaster - Input Output
TL;DR You want to avoid the next DAO-like disaster: so you want confidence that the system underpinning your cryptocurrency doesn’t have a hidden flaw that could be triggered at any time and render your assets worthless. To get that confidence you need a high assurance implementation of the system operating your cryptocurrency. Formal methods (mathematical specifications and…
Just who was Daedalus? It was the first of many questions the design team had to answer when we started work to find a logo for the digital wallet that will store the Ada cryptocurrency. Daedalus is an unusual name. We were in Riga, on an IOHK working sprint last autumn, when we got the brief to develop the visual identity and brand for the wallet, so the first thing we did was…
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