Wu & Chen Auditorium (101 Levine Hall)
Emin Gun Sirer
Computer Science Dept.
"Bitcoin: How to Get Rich or Die Tryin'"
Cryptocurrencies have recently emerged as a new and popular medium of exchange. In this talk, I will describe the technological underpinnings behind these new currencies, and discuss their strengths and weaknesses from a distributed systems perspective. I will specifically focus on a novel strategy I co-discovered, with Ittay Eyal, that enablesa miner to make more money than his fair share. I will also touch upon exchange failures that plague the cryptocurrency space, with an eye towards identifying future research directions.
Gun's research spans operating systems, networking and distributed systems. His current projects involve a novel secure operating system and system infrastructure for high-performance cloud computing applications. He likes building things, especially systems that have some principled reason for why they should work.