• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Sensei Inu Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Breaking News: BREAKING: Valkyrie Secures Green Light For Ethereum Futures ETF, Trading Launching Tomorrow
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: BREAKING: Valkyrie Secures Green Light For Ethereum Futures ETF, Trading Launching Tomorrow
<>
Sensei Inu Logo

NSF Grants Professor $500k For Cryptocurrency Research

newsbtc by newsbtc
9 years ago
in Cryptocurrency Market News
Reading Time: 2 mins read

A computer Science/CITP Assistant Professor at Princeton University has received a sizable grant for conducting cryptocurrency-related research, according to a report first seen on the Let’s Talk Bitcoin blog.

Arvind Narayanan received the sum of $500,000 from the National Science Foundation (NSF) for his work entitled “TWC: Small: Addressing the challenges of cryptocurrencies: Security, anonymity, stability.”

Issued on the 30th of June, the grant was provided to Narayanan as part of the Secure and Trustworthy Cyberspace program. Here’s the abstract provided by the National Science Foundation:

Secure digital payments are essential for e-commerce and cybersecurity. Cryptocurrencies, which are virtual currencies designed using cryptographic principles, are well suited for digital payments but face several hurdles to adoption for legitimate e-commerce. The hurdles include (1) poor software security that has led to very high rates of theft and closures of services, (2) users may be deanonymized, negating the putative privacy benefits and (3) there are concerns over long-term stability, either due to inherent flaws in the mechanism used to incentivize participants or due to the ability of adversaries to subvert this mechanism.

This project designs and implements security and anonymity improvements for existing cryptocurrencies that are immediately and incrementally deployable, and develops a framework to analyze the behavior of participants of cryptocurrencies. This framework will be used both to understand and predict the behavior of the current system as well as to explore alternative, more resilient designs. The main challenge for research on cryptocurrencies is that these systems rely on an intricate interplay of three main components: cryptography, distributed systems, and incentive driven behavior. Accordingly, the project develops tools and techniques in all three categories and seek to find novel ways to unify and apply these tools in combination. Successful completion of the project will lead to a cryptocurrency that is robust against adversaries, paving the way for a secure, private, and stable payment system, which has long been a research goal in computer science.

The grant provided to Narayanan is, by NSF standards, considered to be small. Other awarded grants can range from $1.2 million to $10 million depending on the project.

But most of us agree it would probably be best to start off small.

Tags: grantnationalsciencefoundationNewsnsfresearch
Tweet123Share196ShareSend
newsbtc

newsbtc

Related Posts

Bitcoin Price Prediction – Top Trader Expects ‘Choptober’, New Cryptocurrency Bitcoin Minetrix Hits $200,000 Mark

Bitcoin Price Prediction – Top Trader Expects ‘Choptober’, New Cryptocurrency Bitcoin Minetrix Hits $200,000 Mark

14 hours ago
CRV

CRV Price Surges 16% – What’s The Next Move For Curve DAO Token?

16 hours ago
Why Is Bitcoin Price Up Today

Why Is Bitcoin Price Up Today? Insights From Leading Analysts

18 hours ago
Maker

Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today

19 hours ago
Dogecoin

Billionaire Takes Over As GameStop CEO, Bullish For Dogecoin?

1 day ago
Ethereum

Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches

1 day ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Press Releases

  • Bitcoin Spark: Cross-Chain with Polygon, BSC, and Cosmos

    14 hours ago
  • Explosive Surge: Curve DAO and Everlodge on a Wild Pumping...

    17 hours ago
  • The DeFi Big Three: Solana (SOL), Chainlink (LINK), and...

    18 hours ago
  • Plus 500 Reviews Get Moderate Risk Rating From Trading...

    18 hours ago
  • Comprehensive Analysis of the Interactive Brokers Platform

    1 day ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Win 8.88 BTC
  • Play Casino Games
  • Play Finance

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.