Monday, October 10, 2022 - 12:00pm to 1:00pm
Location:In Person and Virtual - ET Panther Hollow Conference Room, 4th Floor, Mehrabian Collaborative Innovation Center and Zoom
Speaker:ITTAY EYAL, Assistant ProfessorFaculty of Electrical and Computer EngineeringAssociate Director, Initiative For Cryptocurrencies & ContractsTechnion https://webee.technion.ac.il/people/ittay/
Blockchain Incentives and Authentication
Unlike classical distributed systems, the security of blockchain-based systems like Bitcoin and Ethereum critically relies on correctly incentivizing their operators. Their design and analysis thus calls for novel tools and approaches. The talk will show how the incentive mechanisms expose new vulnerabilities and how they enable protocols that rely on the incentive structure. It will discuss recent results on bounds and resilient protocols.
The talk will also briefly present a novel formalization of the classical authentication problem. This formalization almost immediately reveals surprising results with practical implications to cryptocurrency client security.
The talk is self contained.
Ittay Eyal is an Senior Lecturer (Assistant Prof.) in the Electrical and Computer Engineering Faculty at the Technion and an associate director at the Initiative for Cryptocurrencies and Contracts (IC3). Eyal completed his PhD at the Technion, followed by a post-doctorate at Cornell University. Eyal was awarded a 2018 Alon Scholarship and a 2022 Krill Prize. His research focuses on performance and security in decentralized systems. Faculty Host: Elaine Shi