Alex Khawalid, Dan Acristinii, H. Toor, Eduardo Castelló Ferrer
Swarm Robotics (SR) faces a series of challenges impeding widespread adoption for real-world applications. Distributed Ledger Technology (DLT) has shown it can solve a number of these challenges. An experiment was conducted to showcase the resolution of these challenges. A search and rescue mission was simulated using drones coupled with single board computers and several simulated agents. Inter-agent communications were facilitated through DLT in a completely decentralized network. A frontend interface was built to demonstrate the ease with which information can be extracted from the system. This paper shows the feasibility of the application of DLT to SR-related challenges in a practical experiment. For future work, it is proposed to focus on more complex tasks through federated learning or inter-swarm communications, possibly through Cosmos.
{"title":"Grex: A Decentralized Hive Mind","authors":"Alex Khawalid, Dan Acristinii, H. Toor, Eduardo Castelló Ferrer","doi":"10.5195/LEDGER.2019.176","DOIUrl":"https://doi.org/10.5195/LEDGER.2019.176","url":null,"abstract":"Swarm Robotics (SR) faces a series of challenges impeding widespread adoption for real-world applications. Distributed Ledger Technology (DLT) has shown it can solve a number of these challenges. An experiment was conducted to showcase the resolution of these challenges. A search and rescue mission was simulated using drones coupled with single board computers and several simulated agents. Inter-agent communications were facilitated through DLT in a completely decentralized network. A frontend interface was built to demonstrate the ease with which information can be extracted from the system. This paper shows the feasibility of the application of DLT to SR-related challenges in a practical experiment. For future work, it is proposed to focus on more complex tasks through federated learning or inter-swarm communications, possibly through Cosmos.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2019-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42699998","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
An introductory statement by the editors of the present proceedings, detailing the symposium itself as well as its peer-review process and acceptance rate, a summary of the included papers, and details on the editors themselves.
{"title":"Editorial: Proceedings of the First Symposium on Blockchain and Robotics, MIT Media Lab, 5 December 2018","authors":"Eduardo Castelló Ferrer, T. Hardjono, A. Pentland","doi":"10.5195/LEDGER.2019.179","DOIUrl":"https://doi.org/10.5195/LEDGER.2019.179","url":null,"abstract":"An introductory statement by the editors of the present proceedings, detailing the symposium itself as well as its peer-review process and acceptance rate, a summary of the included papers, and details on the editors themselves.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2019-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48976608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sara Falcone, John Zhang, Agnes Cameron, A. Abdel-Rahman
This paper proposes a blockchain-based mapping protocol for distributed robotic systems running on embedded hardware. This protocol was developed for a robotic system designed to locomote on lattice structures for space applications. A consensus mechanism, Proof of Validity, is introduced to allow the effort of mining blocks to correlate with the desired tasks the robotic system was designed for. These robots communicate using peer-to-peer LoRa radio. Options, trade-offs and considerations for implementing blockchain technology on an embedded system with wireless radio communication are explored and discussed.
{"title":"Blockchain Design for an Embedded System","authors":"Sara Falcone, John Zhang, Agnes Cameron, A. Abdel-Rahman","doi":"10.5195/LEDGER.2019.172","DOIUrl":"https://doi.org/10.5195/LEDGER.2019.172","url":null,"abstract":"This paper proposes a blockchain-based mapping protocol for distributed robotic systems running on embedded hardware. This protocol was developed for a robotic system designed to locomote on lattice structures for space applications. A consensus mechanism, Proof of Validity, is introduced to allow the effort of mining blocks to correlate with the desired tasks the robotic system was designed for. These robots communicate using peer-to-peer LoRa radio. Options, trade-offs and considerations for implementing blockchain technology on an embedded system with wireless radio communication are explored and discussed.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2019-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43250964","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We outline a quantum-enabled blockchain architecture based on a consortium of quantum servers. The network is hybridised, utilising digital systems for sharing and processing classical information combined with a fibre-optic infrastructure and quantum devices for transmitting and processing quantum information. We deliver an energy efficient interactive mining protocol enacted between clients and servers which uses quantum information encoded in light and removes the need for trust in network infrastructure. Instead, clients on the network need only trust the transparent network code, and that their devices adhere to the rules of quantum physics. To demonstrate the energy efficiency of the mining protocol, we elaborate upon the results of two previous experiments (one performed over 1km of optical fibre) as applied to this work. Finally, we address some key vulnerabilities, explore open questions, and observe forward-compatibility with the quantum internet and quantum computing technologies.
{"title":"Energy efficient mining on a quantum-enabled blockchain using light","authors":"A. Bennet, S. Daryanoosh","doi":"10.5195/ledger.2019.143","DOIUrl":"https://doi.org/10.5195/ledger.2019.143","url":null,"abstract":"We outline a quantum-enabled blockchain architecture based on a consortium of quantum servers. The network is hybridised, utilising digital systems for sharing and processing classical information combined with a fibre-optic infrastructure and quantum devices for transmitting and processing quantum information. We deliver an energy efficient interactive mining protocol enacted between clients and servers which uses quantum information encoded in light and removes the need for trust in network infrastructure. Instead, clients on the network need only trust the transparent network code, and that their devices adhere to the rules of quantum physics. To demonstrate the energy efficiency of the mining protocol, we elaborate upon the results of two previous experiments (one performed over 1km of optical fibre) as applied to this work. Finally, we address some key vulnerabilities, explore open questions, and observe forward-compatibility with the quantum internet and quantum computing technologies.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":"83 3","pages":""},"PeriodicalIF":0.7,"publicationDate":"2019-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41276339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Traditionally, the Net Present Value method has been used to compare diverging investment strategies. However, valuating crypto-projects with fiat-based currency is confusing due to extreme coin appreciation rates as compared to fiat interest rates. Here, we provide a net present value method based on using crypto-coin as the underlying asset. Using this method, we compare buy-and-hold versus mine-and-hold; we also provide a sensitivity analysis of profitability.
{"title":"Valuation of Cryptocurrency Mining Operations","authors":"Jose Berengueres","doi":"10.5195/LEDGER.2018.123","DOIUrl":"https://doi.org/10.5195/LEDGER.2018.123","url":null,"abstract":"Traditionally, the Net Present Value method has been used to compare diverging investment strategies. However, valuating crypto-projects with fiat-based currency is confusing due to extreme coin appreciation rates as compared to fiat interest rates. Here, we provide a net present value method based on using crypto-coin as the underlying asset. Using this method, we compare buy-and-hold versus mine-and-hold; we also provide a sensitivity analysis of profitability.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2018-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48598395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Erratum. The original article, “Developing a Cryptocurrency Assessment Framework: Function over Form,” DOI 10.5915/LEDGER.2018.121 was published with an institutionally-controlled BTC address which could not be used for digitally signing the final document. The address has been replaced and now appears at the bottom of both the new document and this erratum notice. Digital signatures for both will be published alongside these.
{"title":"Developing a Cryptocurrency Assessment Framework: Function over Form","authors":"Andrew Burnie, J. Burnie, Andrew Henderson","doi":"10.5195/LEDGER.2018.151","DOIUrl":"https://doi.org/10.5195/LEDGER.2018.151","url":null,"abstract":"Erratum. The original article, “Developing a Cryptocurrency Assessment Framework: Function over Form,” DOI 10.5915/LEDGER.2018.121 was published with an institutionally-controlled BTC address which could not be used for digitally signing the final document. The address has been replaced and now appears at the bottom of both the new document and this erratum notice. Digital signatures for both will be published alongside these.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":"3 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2018-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44340941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The rise of cryptocurrency as a new sui generis asset class creates a need for a new classification scheme to cover the wide range of functionality for which tokens can be used. By differentiating tokens based on their functional attributes, cryptocurrency tokens can be categorised into crypto-transaction tokens (which act as a cash substitute); crypto-fuel tokens (which underpin generic blockchain applications); and crypto-voucher tokens (which can be exchanged for a predefined asset). This classification is applied to identify important issues when considering whether to participate in a cryptocurrency system, such as the impact of potential forks, token supply expectations and the level of dependence on a few operators (entity-dependence). For crypto-transaction tokens (and crypto-fuel tokens if used in a similar or overlapping role) it shows the importance of the token being seen as a “better” form of money. For crypto-fuel tokens, the popularity of blockchain applications and the utility of the crypto-fuel system in application development is vital. For crypto-voucher tokens, the value of the underlying asset, the token’s exchangeability for that asset and the importance of a digital representation should be considered by participants. The interplay between fundamentals and speculation as drivers of price is considered.An erratum to this article has been published at as DOI: https://doi.org/10.5195/ledger.2018.151.
{"title":"Erratum: Developing a Cryptocurrency Assessment Framework: Function over Form","authors":"Andrew Burnie, J. Burnie, Andrew Henderson","doi":"10.5195/LEDGER.2018.121","DOIUrl":"https://doi.org/10.5195/LEDGER.2018.121","url":null,"abstract":"The rise of cryptocurrency as a new sui generis asset class creates a need for a new classification scheme to cover the wide range of functionality for which tokens can be used. By differentiating tokens based on their functional attributes, cryptocurrency tokens can be categorised into crypto-transaction tokens (which act as a cash substitute); crypto-fuel tokens (which underpin generic blockchain applications); and crypto-voucher tokens (which can be exchanged for a predefined asset). This classification is applied to identify important issues when considering whether to participate in a cryptocurrency system, such as the impact of potential forks, token supply expectations and the level of dependence on a few operators (entity-dependence). For crypto-transaction tokens (and crypto-fuel tokens if used in a similar or overlapping role) it shows the importance of the token being seen as a “better” form of money. For crypto-fuel tokens, the popularity of blockchain applications and the utility of the crypto-fuel system in application development is vital. For crypto-voucher tokens, the value of the underlying asset, the token’s exchangeability for that asset and the importance of a digital representation should be considered by participants. The interplay between fundamentals and speculation as drivers of price is considered.An erratum to this article has been published at as DOI: https://doi.org/10.5195/ledger.2018.151.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2018-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47995459","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper provides the first comprehensive survey of methods for inserting arbitrary data into Bitcoin’s blockchain. Historical methods of data insertion are described, along with lesser-known techniques that are optimized for efficiency. Insertion methods are compared on the basis of efficiency, cost, convenience of data reconstruction, permanence, and potentially negative impact on the Bitcoin ecosystem.
{"title":"Data Insertion in Bitcoin's Blockchain","authors":"Andrew Sward, Ivy Vecna, F. Stonedahl","doi":"10.5195/LEDGER.2018.101","DOIUrl":"https://doi.org/10.5195/LEDGER.2018.101","url":null,"abstract":"This paper provides the first comprehensive survey of methods for inserting arbitrary data into Bitcoin’s blockchain. Historical methods of data insertion are described, along with lesser-known techniques that are optimized for efficiency. Insertion methods are compared on the basis of efficiency, cost, convenience of data reconstruction, permanence, and potentially negative impact on the Bitcoin ecosystem.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46327502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Scientific funding within the academy is an often complicated affair involving disparate and competing interests. Private universities, for instance, are vastly outpacing public institutions in garnering large, prestigious, science-related grants and external research investment. Inequities also extend to the types of research funded, with government, corporate, and even military interests privileging certain types of inquiry. This article proposes an innovative type of science research fund using cryptocurrencies, a fast-growing asset class. Although not a total funding solution, staking coins, specifically, can be strategically invested in to yield compound interest. These coins use masternode technologies to collateralize the network and speed transaction pace and may pay dividends to masternode holders, allowing institutions that purchase these types of central hubs to potentially engage in a lucrative form of dividend reinvestment. Using cryptocurrencies as a new funding stream may garner large amounts of capital and creation of nonprofit institutes to support the future of funding scientific research within educational institutions.
{"title":"Funding Science with Science: Cryptocurrency and Independent Academic Research Funding","authors":"E. Lehner, D. Hunzeker, John R. Ziegler","doi":"10.5195/LEDGER.2017.108","DOIUrl":"https://doi.org/10.5195/LEDGER.2017.108","url":null,"abstract":"Scientific funding within the academy is an often complicated affair involving disparate and competing interests. Private universities, for instance, are vastly outpacing public institutions in garnering large, prestigious, science-related grants and external research investment. Inequities also extend to the types of research funded, with government, corporate, and even military interests privileging certain types of inquiry. This article proposes an innovative type of science research fund using cryptocurrencies, a fast-growing asset class. Although not a total funding solution, staking coins, specifically, can be strategically invested in to yield compound interest. These coins use masternode technologies to collateralize the network and speed transaction pace and may pay dividends to masternode holders, allowing institutions that purchase these types of central hubs to potentially engage in a lucrative form of dividend reinvestment. Using cryptocurrencies as a new funding stream may garner large amounts of capital and creation of nonprofit institutes to support the future of funding scientific research within educational institutions.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":"2 1","pages":"65-76"},"PeriodicalIF":0.7,"publicationDate":"2017-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49308024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper describes a cryptocurrency to reward students for their studies. The currency bears the apt name Smileycoin or SMLY and is used within the tutor-web online learning platform. In order to make the SMLY attractive to students several approaches have been used, including support from companies whose services can be purchased for SMLY. The paper describes the use of the SMLY as a reward mechanism in a large undergraduate calculus course, including student adoption, student use of SMLY, coinbase use for education in low-income areas, and response to abuse.
{"title":"From Smileys to Smileycoins: Using a Cryptocurrency in Education","authors":"G. Stefansson, Jamie Lentin","doi":"10.5195/LEDGER.2017.103","DOIUrl":"https://doi.org/10.5195/LEDGER.2017.103","url":null,"abstract":"This paper describes a cryptocurrency to reward students for their studies. The currency bears the apt name Smileycoin or SMLY and is used within the tutor-web online learning platform. In order to make the SMLY attractive to students several approaches have been used, including support from companies whose services can be purchased for SMLY. The paper describes the use of the SMLY as a reward mechanism in a large undergraduate calculus course, including student adoption, student use of SMLY, coinbase use for education in low-income areas, and response to abuse.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":"2 1","pages":"38-54"},"PeriodicalIF":0.7,"publicationDate":"2017-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47634886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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