Abrahim Ladha

Abrahim Ladha, Sharbani Pandit, Sanya Ralhan

Ethereum represents new innovation in the fields of cryptocurrency which has become relatively stagnate, promising many things, including an entire programming language and development enviroment built into the network. However the current trend is to write implementations and proof of concepts before doing the rigor involved with proving security. Miller's recent thesis is an attempt to remedy this, and we apply his provable security techniques to the algorithm description of CASPER, the new "proof-of-stake" consensus protocol scheme to be implemented in ethereum. We conclude by stating it satisfies almost all the definitions, except one, leaving room for improvement.

Abrahim Ladha

Bitcoin has demonstrated there are many security improvements applicable to normal currency. As the human race expands and we colonize other planets, we have to consider how we are going to extend integral parts of of society, and that includes our currency system. Information transferring does not scale well with very large distances, entirely due to physical limitations. For example, there is a maximum speed that any information can travel, and it cannot be faster than the speed of light. In this paper we take these physical limitations into account to give treatment to the following question. Can a single crypto-currency be used across the entire universe? Trivially many currencies can be used with exchange rates but we will try to avoid this as our solution. The idea of this paper was inspired by a paper titled "The Theory of Interstellar Trade" by Paul Krugman, a Nobel Economist.