Category: Digital Infrastructure & Platforms
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How Does Zero-Rating Affect Mobile Data Usage?
On Monday, the Telecom Regulatory Authority of India (TRAI) released a decision that effectively bans “zero-rated” Internet services in the country. While the notion of zero-rating might be somewhat new to many readers in the United States, the practice is common in many developing economies. Essentially, it is the practice by which a carrier creates an…
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The Princeton Bitcoin textbook is now freely available
The first complete draft of the Princeton Bitcoin textbook is now freely available. We’re very happy with how the book turned out: it’s comprehensive, at over 300 pages, but has a conversational style that keeps it readable. If you’re looking to truly understand how Bitcoin works at a technical level and have a basic familiarity…
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Who Will Secure the Internet of Things?
Over the past several months, CITP-affiliated Ph.D. student Sarthak Grover and fellow Roya Ensafi been investigating various security and privacy vulnerabilities of Internet of Things (IoT) devices in the home network, to get a better sense of the current state of smart devices that many consumers have begun to install in their homes. To explore this question,…
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How Will Consumers Use Faster Internet Speeds?
This week saw an exciting announcement about the experimental deployment of DOCSIS 3.1 in limited markets in the United States, including Philadelphia, Atlanta, and parts of northern California, which will bring gigabit-per-second Internet speeds to many homes over the existing cable infrastructure. The potential for gigabit speeds over the existing cable networks bring hope that more consumers…
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Provisions: how Bitcoin exchanges can prove their solvency
Millions of Bitcoin users store their bitcoins with online exchanges (e.g. Coinbase, Kraken) which store bitcoins on their customers’ behalf. They present an interface that looks somewhat like an online bank, allowing users to log in and request payments to other users or withdrawals. For many users this approach makes a lot more sense than the traditional approach of storing private keys on your laptop or phone…
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“Private blockchain” is just a confusing name for a shared database
Banks and financial institutions seem to be all over the blockchain. It seems they agree with the Bitcoin community that the technology behind Bitcoin can provide an efficient platform for settlement and for issuing digital assets. Curiously, though, they seem to shy away from Bitcoin itself. Instead, they want something they have more control over and doesn’t…
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Bitcoin course available on Coursera; textbook is now official
Earlier this year we made our online course on Bitcoin publicly available — 11 video lectures and draft chapters of our textbook-in-progress, including exercises. The response has been very positive: numerous students have sent us thanks, comments, feedback, and a few error corrections. We’ve heard that our materials are being used in courses at a few…
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Does cloud mining make sense?
[Paul Ellenbogen is a second year Ph.D. student at Princeton who’s been looking into the economics and game theory of Bitcoin, among other topics. He’s a coauthor of our recent paper on Namecoin and namespaces. — Arvind Narayanan] Currently, if I wanted to mine Bitcoin I would need to buy specialized hardware, called application-specific integrated…
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Analyzing the 2013 Bitcoin fork: centralized decision-making saved the day
On March 11, 2013, Bitcoin experienced a technical crisis. Versions 0.7 and 0.8 of the software diverged from each other in behavior due to a bug, causing the block chain to “fork” into two. Considering how catastrophic a hard fork can be, the crisis was resolved quickly with remarkably little damage owing to the exemplary…
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An empirical study of Namecoin and lessons for decentralized namespace design
[Let’s welcome to Freedom to Tinker first-year grad student Miles Carlsten, who, with fellow first-years Harry Kalodner and Paul Ellenbogen, worked on a neat study of Namecoin. — Arvind Narayanan] Namecoin is a Bitcoin-like cryptocurrency that aims to create a secure decentralized namespace — that is, an online system that maps names to values, but without…