Syscoin Foundation Partners with TU Delft
The Syscoin Foundation has formed an academic collaboration with TU Delft. This is an exciting opportunity for Foundation members to work on industry-wide problems related to scaled blockchain mechanism design.
“When we went to Amsterdam for Block Party 2019 we had a chance to meet Stefanie Roos and some of the PHD and masters students over at TU Delft. We have been in conversation for over a year under the technical context of payment channels and Syscoin’s Z-DAG algorithm. We look forward to doing real academic research on furthering understanding of blockchain designs and specifically have an opportunity to apply these concepts to the Syscoin protocol”. Jagdeep Sidhu - Chairman of the Syscoin Foundation.
Stefanie Roos is a leading scholar in scalable layer 2 designs in the blockchain space, as well as privacy-preserving technologies. You can view her cited work here.
Under Stefanie’s guidance, research teams will be established to work on projects that will eventually lead to academic papers in the area of scalable blockchain technologies. There is already a team set up to research the efficacy of Syscoin’s Z-DAG protocol, as well as optimizations around it such as the Syscoin Gateway (more on this soon...). This work on the dissemination of transactions is essential for allowing fast, high-throughput payments.
The inaugural project is summarised as follows:
- Research protocols for fast transaction propagation
- Review the current Syscoin implementation
- Conduct a performance evaluation of Syscoin's propagation algorithm
- Design, implement, and evaluate further improvements
The deliverables may include modified code, design of test environments for performance evaluations, and academic reports on the results.
“It's a great chance for our students to directly apply the theoretical knowledge gained from our Blockchain lecture in a real-world project. It highlights which practical constraints have to be considered when implementing blockchains. And the possibility that their ideas might become part of the code of a large-scale project motivates them to give their best.” - Stefanie Roos, Assistant Professor - Distributed Systems at TU Delft / EEMCS
In light of her groundbreaking research on efficient routing for decentralized p2p networks in payment channels, specifically the SpeedyMurmur algorithm, we will look at integrating her innovations into a prototype Lightning Network implementation for Syscoin Platform. This work also carries the potential to add an asset layer, something that is currently absent in Bitcoin-based implementations.
Under the academic leadership of Stefanie we look forward to researching and developing innovative products that set firm ground for scaling decentralized systems, and which will ultimately benefit the blockchain industry far and wide.