Extract by Jack Kelly, Michelle Lauer, Ryan Printster, and Stephanie Zhang
As the value of cryptocurrencies like Bitcoin and Ethereum have risen dramatically over the past few years, public interest in investigating use cases of blockchain technology has increased as well. Blockchain technology eliminates the need for a trusted central authority, and instead relies upon consensus mechanisms to ensure the security of the network. In this investigation, we explore authentication methods common to most blockchain networks, then explore the two most popular consensus mechanisms: Proof of Work (PoW) and Proof of Stake (PoS).
Another technology that is steadily on the rise is quantum computing, particularly with companies like Google and IBM investing significant resources in development. The authentication and consensus portions of blockchain networks rely upon the computational infeasibility of inverting certain functions, so quantum computers have the potential to cause significant disruption in this space. We will discuss some of the security vulnerabilities that quantum computing would introduce to blockchain networks, how they impact PoW- and PoS-based networks differently, and potential solutions to these problems.
Complete Paper
Investigation of Blockchain Network SecurityMIT Computer Science and Artificial Laboratory – Investigation of Blockchain Network Security
Additional Reading
Source: ComplexDiscovery
Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020
The results of the recent Summer 2020 eDiscovery Business Confidence Survey present the unfortunate and continuing impact of COVID-19 on the business of eDiscovery. However, for these pandemic-driven results to be fully understood, they should be viewed through the contextual lens of the results of all nineteen surveys that have been administered to eDiscovery professionals since the inception of the eDiscovery Business Confidence Survey in early 2016.
