Silicon Valley Leaders Symposium Paper

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California State University, Chico *

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198A

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Computer Science

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Nov 24, 2024

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docx

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Sabeeq Karim 011197914 Silicon Valley Leaders' Symposium Paragraphs The Silicon Valley Leaders Symposium I attended for this assignment was the talk by Elizabeth Kukka, the executive director at the Ethereum Foundation. The goal of the Ethereum Foundation is to promote and support the Ethereum platform. Ethereum is a blockchain-based, open source, and public computing platform and operating system that features a type of scripting called smart contact. The talk consisted of talking points around Ethereum that included the origins of Blockchain, the background of Ethereum Classic, and the engagement that Ethereum that has been doing with startups and developers to help grow the Ethereum platform. Blockchain is a system where transactions that are done using cryptocurrency are done on a peer- to-peer computer network. Blockchain is also known as a decentralized system as no single authority holds the transactions. Instead, the transactions are powered by its users where the network is cryptographically secure. The network of miners who run on the same transaction algorithm help increase the security of the network and help share the ownership of the currency. Additionally, the program of Ethereum Classic Labs was also discussed. This is a program that acts as an accelerator for startups and new emerging companies where grants of $25k to $100k are given. Along with monetary support, tech support and advise from fellow investors are also given to help grow and strengthen the company who participates in the program. The various regions that are usually funded include development tools and infrastructure, financial inclusion and decentralized finance, and research companies that study impacts in working markets. The importance of the concept of blockchain and cryptocurrency is important to me as an engineer as it does rely on high performance computing hardware. My field of interest is in digital hardware so knowing the emerging technologies to help fit new trends in other fields is important to follow. The two main components when it comes to hardware and working with blockchain is storage and processing. As blockchain is decentralized, it is ideal for massive-scale processing systems; this involves the use of multi-core CPUs and complex-computation GPUs that can handle large processing algorithms and tools such as Spark, TensorFlow, and MapReduce. The flaw that the current design does have is that it limits scaling, or the amount of transactions that can be completed in a certain amount of time. A field to look in for myself would be in companies developing GPUs and CPUs that can help handle more transactions on a single network , as this help increase the decentralization of blockchain. There are projects such as Golem and iEx.ec, which have the intention to create decentralized supercomputers or cloud computing without vendor lock-in, are ambitious projects that are still in the early stages. A project known as the InterPlanetary File System or IPFS tries to combine the fields of storage and communication. As IPFS has a developed ecosystem, it has been one of the methods of approaching the use of Blockchain that is different to conventional storage methods. The benefit of using IFPS is that it helps download parts of a file from numerous decentralized computers at the same time; this is compared to the current HTTP protocol where a single file is downloaded from one machine at a time. The great advnantage is that there are libraries for this file system that are programmed in languages such as C++, Python, JavaScript, and Swift. Knowledge on programming languages that help with handling data like C++ and Python are
Sabeeq Karim 011197914 two languages that I am familiar with as I have taken courses on them in my time as a university student. Knowing that this new improved file ecosystem can utilize these languages help expand my field of knowing how I can contribute to possible developing better storage systems for blockchain.
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