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In 2016, he was named the Cybersecurity Educator of the Year - APAC (Cybersecurity Excellence Awards are produced in cooperation with the Information Security Community on LinkedIn), and in 2015 he and his team won the Digital Forensics Research Challenge organized by Germany's University of Erlangen-Nuremberg. He is the recipient of the 2019 IEEE Technical Committee on Scalable Computing (TCSC) Award for Excellence in Scalable Computing (Middle Career Researcher), the 2018 UTSA College of Business Col. He is also a Fellow of the Australian Computer Society, an IEEE Senior Member, and crypto Co-Chair of IEEE Multimedia Communications Technical Committee's Digital Rights Management for Multimedia Interest Group. in Information Security in 2006 from Queensland University of Technology, Australia. Philip Piccione Endowed Research Award for Tenured Faculty, Outstanding Associate Editor of 2018 for IEEE Access, British Computer Society's 2019 Wilkes Award Runner-up, 2019 EURASIP Journal on Wireless Communications and Networking (JWCN) Best Paper Award, Korea Information Processing Society's Journal of Information Processing Systems (JIPS) Survey Paper Award (Gold) 2019, IEEE Blockchain 2019 Outstanding Paper Award, IEEE TrustCom 2018 Best Paper Award, ESORICS 2015 Best Research Paper Award, 2014 Highly Commended Award by the Australia New Zealand Policing Advisory Agency, Fulbright Scholarship in 2009, bitcoin 2008 Australia Day Achievement Medallion, and British Computer Society's Wilkes Award in 2008. Kim-Kwang Raymond Choo received the Ph.D. He currently holds the Cloud Technology Endowed Professorship at The University of Texas at San Antonio (UTSA).

Some believe the bull run is far from over and stick by their prediction for a new all-time high to be reached either before the end of 2021 or in early 2022. Major corporations like Tesla and MicroStrategy continue to plough there cash reserves into bitcoin, while several countries look set to join El Salvador by introducing bitcoin as legal tender.

imageHis research interest include blockchain and sidechain technologies, smart contracts, and decentralized applications development. Kelly Click is a research assistant in the College of Computing and Software Engineering (CCSE) at Kennesaw State University GA, USA.

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It depends on the present difficulty of mining, the hardware price, and the electricity cost, all of which is infeasible to acquire. But so far, no such attack has happened because controlling 51% of the network is highly cost intensive.

Since the startup’s plan is to sell sidechains to big business, they say this encourages maintaining a status quo of small, congested blocks on the Bitcoin blockchain. Critics have also argued that developers funded by the company want to keep the Bitcoin block size small to suit Blockstream’s scaling efforts.

How much of this revenue is based on transaction fees vs. How much market demand is there to make transactions? How much overall revenue does the system provide to validators or miners? What overall throughput is achieved by the system?

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Their proponents have accused Blockstream of dishonesty; of manipulating the community ; of silently hiring people within it to work on Blockstream products, and of promoting Liquid at the expense of Lightning.

For robustness reasons, we hope node implementations are heterogeneous and diverse in practice (rather than all clients running a single software implementation). This makes accurate simulations of blockchain throughput even more difficult to conduct. Another challenge with throughput is going beyond empirically measuring today’s performance to evaluate theoretical capacity. This introduces all sorts of modeling questions to evaluate potential capacity. Second, real systems almost never achieve theoretical capacity, especially blockchain systems. First, we must decide on a realistic transaction workload for the execution layer.image

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