Argyrios G. Tasiopoulos

Michał Król, Alberto Sonnino, Argyrios Tasiopoulos et al.

Decentralised cloud computing platforms enable individuals to offer and rent resources in a peer-to-peer fashion. They must assign resources from multiple sellers to multiple buyers and derive prices that match the interests and capacities of both parties. The assignment process must be decentralised, fair and transparent, but also protect the privacy of buyers. We present PASTRAMI, a decentralised platform enabling trustworthy assignments of items and prices between a large number of sellers and bidders, through the support of multi-item auctions. PASTRAMI uses threshold blind signatures and commitment schemes to provide strong privacy guarantees while making bidders accountable. It leverages the Ethereum blockchain for auditability, combining efficient off-chain computations with novel, on-chain proofs of misbehaviour. Our evaluation of PASTRAMI using Filecoin workloads show its ability to efficiently produce trustworthy assignments between thousands of buyers and sellers.

A. Galanopoulos, A. G. Tasiopoulos, G. Iosifidis et al.

A large number of emerging IoT applications rely on machine learning routines for analyzing data. Executing such tasks at the user devices improves response time and economizes network resources. However, due to power and computing limitations, the devices often cannot support such resource-intensive routines and fail to accurately execute the analytics. In this work, we propose to improve the performance of analytics by leveraging edge infrastructure. We devise an algorithm that enables the IoT devices to execute their routines locally; and then outsource them to cloudlet servers, only if they predict they will gain a significant performance improvement. It uses an approximate dual subgradient method, making minimal assumptions about the statistical properties of the system's parameters. Our analysis demonstrates that our proposed algorithm can intelligently leverage the cloudlet, adapting to the service requirements.

Michał Król, Alberto Sonnino, Mustafa Al-Bassam et al.

As cryptographic tokens and altcoins are increasingly being built to serve as utility tokens, the notion of useful work consensus protocols, as opposed to number-crunching PoW consensus, is becoming ever more important. In such contexts, users get rewards from the network after they have carried out some specific task useful for the network. While in some cases the proof of some utility or service can be proved, the majority of tasks are impossible to verify. In order to deal with such cases, we design Proof-of-Prestige (PoP) - a reward system that can run on top of Proof-of-Stake blockchains. PoP introduces prestige which is a volatile resource and, in contrast to coins, regenerates over time. Prestige can be gained by performing useful work, spent when benefiting from services and directly translates to users minting power. PoP is resistant against Sybil and Collude attacks and can be used to reward workers for completing unverifiable tasks, while keeping the system free for the end-users. We use two exemplar use-cases to showcase the usefulness of PoP and we build a simulator to assess the cryptoeconomic behaviour of the system in terms of prestige transfer between nodes.

Alberto Sonnino, Michał Król, Argyrios G. Tasiopoulos et al.

Recent developments in blockchains and edge computing allows to deploy decentralized shared economy with utility tokens, where altcoins secure and reward useful work. However, the majority of the systems being developed, does not provide mechanisms to pair workers and clients, or rely on manual and insecure resolution. AStERISK bridges this gap allowing to perform sealed-bid auctions on blockchains, automatically determine the most optimal price for services, and assign clients to the most suitable workers. AStERISK allows workers to specify a minimal price for their work, and hide submitted bids as well the identity of the bidders without relying on any centralized party at any point. We provide a smart contract implementation of AStERISK and show how to deploy it within the Filecoin network, and perform an initial benchmark on Chainspace.