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Explore the potential of blockchain technology for business applications in this 20-minute talk by Stanford University Professor Dan Boneh. Delve into the cryptocurrency market, research trends, and the Bitcoin blockchain's UTXO model. Examine the challenges of Bitcoin transactions for business use and discover solutions like Confidential Transactions. Learn about Bulletproofs and their impact on transaction validation, proof size, and various applications. Gain insights into current deployments and new directions in societal networks as you uncover ways to make blockchains more practical and useful for business environments.
Syllabus
Intro
The cryptocurrency market
Research in crypto currencies
The Bitcoin blockchain
The UTXO model
Bitcoin transactions: a mismatch for business
Solution: Confidential Transactions Maxwell 2016
Problem: transaction validation
Our work: Bulletproofs
Bulletproofs proof size (1 Range Proof)
Bulletproofs proof size (10 Proofs)
Applications
Deployments
Taught by
Simons Institute