INCUBED - A trustless incentivized decentralized remote node network by Christoph Jentzsch (Devcon4)

Wed, Oct 2, 2019, 12:00 AM

Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/4/incubed-a-trustless-incentivized-decentralized-remote-node-network To enable smart devices of the Internet of Things to be connected to the Ethereum blockchain, an Ethereum client needs to run on hardware. While running a full-node or even a light-client on most IoT devices with low performance or restricted resources is not possible or meaningful, today's state-of-the art solution uses a remote client. By using distinct remote-nodes, the advantages of a decentralized network without being forced to trust single players are undermined and there is a risk of malfunction or attack because there is a single point of failure.With the presented Trustless Incentivized Decentralized Remote Node Network, in short INCUBED, with a stateless minimal verification client it is possible to establish a decentralized and secure network of remote-nodes, which enables trustworthy and fast access to blockchain for a large number of low-performance IoT devices. Speaker(s): Christoph Jentzsch Skill level: Intermediate Track: Scalability Keywords: node, incentives, IoT Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 4 was held in Prague, Czech Republic on Oct 30 - Nov 2, 2018. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/