SBIR Phase I: Asymmetric Sybil Resistance via Proof-of-Balance

这个小企业创新研究(SBIR)第一阶段项目的更广泛影响/商业潜力是升级公众现有的电子美元，以赶上并超过私人加密货币的能力。分布式分类账技术有可能改变经济的每个部门，但今天的区块链要求用户在发送支付或使用相关应用程序之前购买特定资产。这推迟了区块链技术的主流采用，并引发了人们的担忧，即向去中心化商业的过渡可能会威胁到以传统货币持有的储蓄的价值。拟议的项目将为受保护的数字交易开发一种新技术。这个SBIR第一阶段项目建议开发一种去中心化的区块链，通过允许美元所有者以零成本解锁法定派生的令牌，消除对加密货币的需求。通过将生物信号理论的最新进展应用于计算机科学，该项目旨在推进分布式计算的新方法。它将用一种新技术-平衡证明-取代对称的工作证明和利害关系投票加权机制，该技术可以显著增强安全性和性能。这项拟议的工作将通过开发和部署一个可操作的平衡证明网络来探索正式数学模型的应用。这一奖项反映了NSF的法定使命，并通过使用基金会的智力优势和更广泛的影响审查标准进行评估，被认为值得支持。

The broader impact/commercial potential of this Small Business Innovation Research (SBIR) Phase I project is upgrading the public’s existing electronic U.S. dollars to match and exceed the capabilities of private cryptocurrencies. Distributed-ledger technology has the potential to transform every sector of the economy, but today’s blockchains require users to purchase specific assets before sending payments or using related applications. This has delayed mainstream adoption of blockchain technology and raised concerns that a transition to decentralized commerce could threaten the value of savings held in traditional currency. The proposed project will develop a new technology for protected digital transactions. This SBIR Phase I project proposes to develop a decentralized blockchain that will eliminate the need for cryptocurrencies by allowing the owners of U.S. dollars to unlock fiat-derived tokens at zero cost. By adapting recent advancements in biological signaling theory to computer science, the project aims to advance new methods in distributed computing. It will replace symmetric Proof-of-Work and Proof-of-Stake vote-weighing mechanisms with a new technology, Proof-of-Balance, that can deliver significant enhancements to security and performance. The proposed work will explore application of the formal mathematical models by developing and deploying an operational Proof-of-Balance network.This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.