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Ethereum Dissertation Topics Ideas

Since the invention of bitcoin seven years ago, cryptocurrency popularity and value have increased steadily. Since then, ethereum has evolved and was officially launched in 2015 as a digital currency. A total of �34 billion is now the market value of this second-largest cryptocurrency in the world. We've come up with eight unique and exciting ethereum dissertation topics that are also manageable. If you're interested in writing about ethereum for your dissertation, feel free to choose one of these options. Browsing dissertation topics before writing your actual dissertation is always a wise step in the right direction. Essayarsenal.co.uk offers free dissertation topics on numerous subjects that help you gain better understanding while choosing your research topic. We also offer help with your dissertation proposal or complete dissertation assistance from start to finish.

Ethereum's ASIC resistance - a problem with the speed of light?

  • In the early days of cryptocurrency, proofs of work were simply that - proofs that a complex hashing procedure had been completed. As the industry matured, highly specialised hardware (application-specific integrated circuits, ASICs) became available, significantly raising the entry barrier for a casual (as opposed to highly specialised) miner. The creators of etherium recognised this issue and devised a memory-intensive proof of work algorithm that outperforms conventional ASIC design strategies. The speed of light is what determines memory latency. The implications will be examined in this project.
  • Cryptographic attacks on the ethash protocol used by ethereum.

    • The majority of cryptocurrencies mine using some variant of the hashcash proof of work algorithm. While the more conventional versions are known to be secure (in terms of civilian mathematics), the more esoteric "custom" proof of work functions do not yet have such guarantees. One such example is the etherium-specific ethash protocol. If the history of cryptography is any guide, any new algorithm should be regarded as suspect until its security has been demonstrated. The purpose of this project is to perform cryptanalysis on ethash with the goal of identifying a vulnerability or demonstrating that the function is secure.
    • Distributed denial-of-service (DoS) attacks: ethereum vs bitcoin

      • Denial of service attacks are one of the most inexpensive and disruptive types of attacks in today's Internet landscape - DOS attacks are routinely carried out by a variety of agents, ranging from disgruntled individuals to nation states. In the context of cryptocurrencies, a denial of service attack aims to halt the propagation of the blockchain. In the case of bitcoin, the blockchain has resisted attempts to create a jumbo block quite well (many attempts have been made). It's difficult to say whether this is an accident or deliberate, but the issue affects all cryptocurrencies. This particular project will assess etherium's DOS resistance.
      • Ethereum vs. bitcoin: "51 percent attacks" on the protocol.

        • The term "51 percent attack" refers to the bitcoin blockchain's propagation policy, in which an entity with more than 50% of total hashing power effectively has a veto over which blocks are accepted into the blockchain. This 50% threshold has always been imprecise - finding a block is a probabilistic process, and thus possessing more than 50% hashing power does not guarantee a veto. Similar considerations apply to other cryptocurrencies, and this project will evaluate etherium, a cryptocurrency with a very different proof of work function that is designed to be resistant to ASIC processing and thus to hashing power concentration.
        • Ethereum vs. bitcoin: block rate limitations.

          • One of the most significant and vexing limitations of bitcoin is block time: at ten minutes per block, the bitcoin network's transaction rate falls far short of the rates expected of major financial transaction systems such as VISA. The block rate, on the other hand, is critical to the bitcoin protocol and cannot be changed easily. Recent cryptocurrencies have addressed the issue by increasing the block rate: a purely cosmetic fix at best. Etherium, in particular, has a higher block rate and a distinct mechanism for generating blocks. This project will examine the ramifications and make recommendations for resolving this perplexing issue.
          • Is it too simple to steal? bitcoin vs ethereum.

            • Cryptocurrencies are notorious for their ease of theft. A critical design objective is thus the resistance of a particular cryptocurrency to being pinched by adversaries or (as many believe is the case) by one's own employees. While Bitcoin is unmatched in terms of volatility, other cryptocurrencies employ strategies such as multiple signatures to ensure that a single rogue individual cannot irreversibly transfer funds. Etherium has a history of spectacular heists, and this project will examine the cryptocurrency's theft resilience specifically.
            • Is ethereum merely a bitcoin clone?

              • Etherium is cosmetically distinct from bitcoin in that it uses a different proof of work function, a different signature algorithm, a different method of address generation, minor rate adjustments, and evolutionary improvements (or bug sources, to the cynical eye) to the general logistics. In theory, one could even write a script that automatically generates new cryptocurrencies by varying cosmetic parameters and renaming the auto-generated code. How much is truly novel, and why would anyone require multiple cryptocurrencies? This project will delve into these subjects.
              • Economics of ethereum protocol cryptographic attacks.

                • Cracking a cypher has never been deemed impossible; it has only been deemed impractical. A common statement in popular literature is that brute force password guessing would take longer than the age of the universe. As more sophisticated cryptanalysis techniques are developed, cracking a particular instance of a cypher may become no longer impossibly difficult, but merely expensive. A good example is 768-bit RSA keys, which can currently be factorised for a few hundred dollars in computing power. The economics of this process have not been investigated, and this project will examine the economic incentives that exist within the cryptocurrency community's "black hat" wing.