Amazon Issues Blockchain Challenge, $100,000 Prize for Solution
[This article was updated on August 2, 2019 on tuoniaox.com] Ostrich Blockchain August 2 news: If you can understand the following problem, you could win a $100,000 prize: Given a 1024-bit input x, compute the verifiable delay function 'h = x^(2^t) mod N' as quickly as possible. t=2^30 N=124066695684124741398798927404814432744698427125735684128131855064976895337309138910015071214657674309443149407457493434579063840841220334555160125016331040933690674569571217337630239191517205721310197608387239846364360850220896772964978569683229449266819903414117058030106528073928633017118689826625594484331 If you can calculate the answer at the fastest speed, then $100,000 will be within reach. This is a highly technical challenge that Amazon AWS posed to programmers in its launched competition, with Amazon hoping to change the landscape of the blockchain industry and the way hardware is manufactured and designed through this contest. The competition is initiated by VDF Alliance, which aims to solve how to calculate verifiable delay functions (VDF) in the shortest time possible, attracting collaboration from Ethereum Foundation, Interchain Foundation, Protocol Labs, Supranational, Synopsys, and Xilinx. If the verifiable delay function problem is solved, it could help Ethereum switch from the energy-intensive proof-of-work algorithm to the more energy-efficient proof-of-stake algorithm. Tim Boeckmann, Senior Manager of Startup Business Development at Amazon AWS UK, stated: "The Ethereum ecosystem alone currently requires approximately 850 megawatts of energy consumption to scale blocks, with operating costs as high as $460 million. If Ethereum solves the verifiable delay function problem, the hardware random beacons' 0.25 megawatt energy consumption cost could be reduced to less than $130,000." Join the Ostrich community for discussion, WeChat ID: tuoniao02 This article is originally certified by "Yuanben," author Ostrich Blockchain. Visit yuanben.io and search [63UOGW9Z] for authorization information. --- With editor authorization, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward.
[This article was updated on August 2, 2019 on tuoniaox.com]
Ostrich Blockchain
August 2 news: If you can understand the following problem, you could win a $100,000 prize:
Given a 1024-bit input x, compute the verifiable delay function 'h = x^(2^t) mod N' as quickly as possible.
t=2^30
N=124066695684124741398798927404814432744698427125735684128131855064976895337309138910015071214657674309443149407457493434579063840841220334555160125016331040933690674569571217337630239191517205721310197608387239846364360850220896772964978569683229449266819903414117058030106528073928633017118689826625594484331
If you can calculate the answer at the fastest speed, then $100,000 will be within reach.
This is a highly technical challenge that Amazon AWS posed to programmers in its launched competition, with Amazon hoping to change the landscape of the blockchain industry and the way hardware is manufactured and designed through this contest. The competition is initiated by VDF Alliance, which aims to solve how to calculate verifiable delay functions (VDF) in the shortest time possible, attracting collaboration from Ethereum Foundation, Interchain Foundation, Protocol Labs, Supranational, Synopsys, and Xilinx.
If the verifiable delay function problem is solved, it could help Ethereum switch from the energy-intensive proof-of-work algorithm to the more energy-efficient proof-of-stake algorithm.
Tim Boeckmann, Senior Manager of Startup Business Development at Amazon AWS UK, stated:
"The Ethereum ecosystem alone currently requires approximately 850 megawatts of energy consumption to scale blocks, with operating costs as high as $460 million. If Ethereum solves the verifiable delay function problem, the hardware random beacons' 0.25 megawatt energy consumption cost could be reduced to less than $130,000."
Join the Ostrich community for discussion, WeChat ID: tuoniao02
This article is originally certified by "Yuanben," author Ostrich Blockchain. Visit yuanben.io and search [63UOGW9Z] for authorization information.
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With editor authorization, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward.