Minjeong Kim

h-index7
2papers
300citations

2 Papers

19.4CRMay 13, 2019
Impossibility of Full Decentralization in Permissionless Blockchains

Yujin Kwon, Jian Liu, Minjeong Kim et al.

Bitcoin uses blockchain technology and proof-of-work (PoW) mechanism where nodes spend computing resources and earn rewards in return for spending these resources. This incentive system has caused power to be significantly biased towards a few nodes, called mining pools. In fact, poor decentralization appears not only in PoW-based coins but also in coins adopting other mechanisms such as proof-of-stake (PoS) and delegated proof-of-stake (DPoS). In this paper, we target this centralization issue. To this end, we first define (m, \varepsilon, δ)-decentralization as a state that satisfies 1) there are at least m participants running a node and 2) the ratio between the total resource power of nodes run by the richest and δ-th percentile participants is less than or equal to 1+\varepsilon. To see if it is possible to achieve good decentralization, we introduce sufficient conditions for the incentive system of a blockchain to reach (m, \varepsilon, δ)-decentralization. When satisfying the conditions, a blockchain system can reach full decentralization with probability 1. However, to achieve this, the blockchain system should be able to assign a positive Sybil cost, where the Sybil cost is defined as the difference between the cost for one participant running multiple nodes and the total cost for multiple participants each running one node. On the other hand, we prove that when there is no Sybil cost, the probability of reaching (m, \varepsilon, δ)-decentralization is upper bounded by a value close to 0, considering a large rich-poor gap. To determine the conditions that each system cannot satisfy, we also analyze protocols of all PoW, PoS, and DPoS coins in the top 100 coins according to our conditions. Finally, we conduct data analysis of these coins to validate our theory.

0.2CLJul 20, 2018
Question-Aware Sentence Gating Networks for Question and Answering

Minjeong Kim, David Keetae Park, Hyungjong Noh et al.

Machine comprehension question answering, which finds an answer to the question given a passage, involves high-level reasoning processes of understanding and tracking the relevant contents across various semantic units such as words, phrases, and sentences in a document. This paper proposes the novel question-aware sentence gating networks that directly incorporate the sentence-level information into word-level encoding processes. To this end, our model first learns question-aware sentence representations and then dynamically combines them with word-level representations, resulting in semantically meaningful word representations for QA tasks. Experimental results demonstrate that our approach consistently improves the accuracy over existing baseline approaches on various QA datasets and bears the wide applicability to other neural network-based QA models.