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Proof of Actual Work

Busa, Barnabas (2018) Proof of Actual Work. Bachelor's Thesis, Computing Science.


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The ability to execute tasks in a distributed manner is a valuable resource in today's world, and one realized by many different open source and commercial solutions. However, the ability to commercialize distributed work in a domain-agnostic, secure manner, is not. One approach that might offer such a solution involves combining peer-to-peer supercomputing networks with blockchain technology. Existing peer to peer networks are generally unfeasible for executing distributed tasks. This is because the task owners cannot make sure their task is actually being executed, and workers cannot ensure they will be compensated for their work. A peer-to-peer supercomputing network harnessing blockchain technology may solve this problem by providing a transparent mechanism for distributing work while keeping private information encrypted. In this research paper, I will conduct a feasibility study on whether a solution that can ensure general task execution can still be secure and reliable for task owners and workers.

Item Type: Thesis (Bachelor's Thesis)
Supervisor name: Perez Parra, J.A. and Andrikopoulos, V.
Degree programme: Computing Science
Thesis type: Bachelor's Thesis
Language: English
Date Deposited: 26 Jul 2018
Last Modified: 27 Jul 2018 12:23

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