Friday
May132016

BigchainDB: Where it Came From, Where We’re At, Where We’re Headed

In summer 2013, we started working on a project that became ascribe: blockchain-based intellectual property (IP) attribution. When we described it to others, the response was usually “huh?”.

...

In late 2014, one potential ascribe customer with 20 million users had more than 100,000 works a day going through their system. That’s roughly the same number of transactions that the entire Bitcoin network had per day...

...

Full blog post is [here].

Wednesday
Mar092016

The Writings of Leslie Lamport (abridged)

If you’ve ever done even half-serious work on consensus algorithms, then you will know that Leslie Lamport is a central figure. Paxos, Byzantine Generals, TLA — if any of these are familiar to you, well, Lamport is behind them. (And LaTeX too!)

What follows is papers and nuggets from his homepage, biased to blockchain relevance. It’s as much for my own reference as anything:)

30. SIFT: Design and Analysis of a Fault-Tolerant Computer for Aircraft Control, 1978PDF

The origin of the Byzantine generals problem and its solutions, reported in[41].

...

Full blog post is [here]

Wednesday
Mar022016

Towards a Public BigchainDB

Some have asked: is BigchainDB private or public? The answer is: “N/A”. BigchainDB is a database technology. It is not a network. People have to deploy it for their own context. When deployed, it can be deployed for public use or more private use. It all depends on the permissioning.

BigchainDB can be, and will be, used for public deployments...

Full blog post is [here].

Wednesday
Feb102016

New paper: BigchainDB: A Scalable Blockchain Database

This paper describes BigchainDB. BigchainDB fills a gap in the decentralization ecosystem: a decentralized database, at scale. It points to performance of 1 million writes per second throughput, storing petabytes of data, and sub-second latency.

The BigchainDB design starts with a distributed database (DB), and through a set of innovations adds blockchain characteristics...

Full paper is [here].

 

 

Thursday
Jun252015

New paper - "Towards an Ownership Layer for the Internet"

At ascribe, we've been working with DNS architect David Holtzman on technical strategy and more. David and I wrote a whitepaper. Check it out here.

Tuesday
Jun022015

PyData Berlin Wrapup: Video & Slides of Keynote

I was honoured to keynote the PyData Conference in Berlin on May 30, 2015. My talk was entitled "Rewiring the internet for ownership with big data and blockchains".

Here's the video:


And, here's the slides:


Note: this post originally appeared at blog.ascribe.io.
Saturday
May092015

In Getting Work by Ella Frost, We Just Ate Our Own Dog Food!

We're big fans of Ella Frost's work, so we reached out to her about having work on our landing page.

We asked ourselves: how do we get the rights to use Ella's work for our page? And it struck us: use ourselves! So, that's what we did:

  • Ella and I agreed on numbers by email
  • I wired her the payment via PayPal, and
  • she wired us the IP via ascribe. (She registered her works, then transferred the ownership to us.)

That was it! Now we've got two great pieces by Ella on our landing page. [>>Full article]

 

Thursday
Apr232015

Video: Impromptu Purchase of Digital Art, Digitally Authenticated

previously described an evening session at MAK Vienna among digital art thinkers. During that session, Valentin, Max and I decided to do something spontaneous...

  • Max bought digital art from Valentin (with Bitcoin on cointemporary)
  • Then, Valentin transferred the ownership to Max (with the blockchain on ascribe).

In two wickedly simple steps, Max got his edition of the work "The Love I Got". All the copyright and bitcoin stuff was taken care of, without a worry. It was recorded! Here's the video.

(Originally posted on blog.ascribe.io)

Monday
Apr132015

Berlin Art Prize - Wrapup on Submissions

These days, it's almost become a rite of passage for an up-and-coming artist from anywhere in the world to move to Berlin and learn and grow as part of the art community, for two months or two years or more. ... Which is why we were very excited to have the opportunity to help the Berlin Art Prize for 2015. Submissions just closed. 349 artists ascribed a total of 598 works... [>>Full article]

 

 

Monday
Apr132015

Berlin Love

We love Berlin. Each of the three founders of ascribe moved to Berlin not because we had to, but because we wanted to. We love the city's culture, with its amazing vibrant art scene with artists from all around the world, and its growing tech scene drawing engineers and entrepreneurs also from around the world... [>>Full article]

 

 

Monday
Apr132015

Born digital, authenticated digital, sold digital: Cointemporary + ascribe

As an art gallery, Cointemporary has been forging a unique path to raise questions about what an gallery and an exhibition can be. The brainchild of Vienna-based artists Valentin Ruhry and Andy Boot, it has unique characteristics: it's only online; it only exhibits a single work at a time; that work changes precisely once, every ten days; and you can only buy the work with bitcoin. Cointemporary often features digital art.

We're proud to announce that Cointemporary and ascribe have partnered... [>>Full article]

Monday
Apr132015

"The File as an Object" at MAK Vienna : An evening about artwork, status, and value in the digital age

This post is a wrapup of an evening session at MAK Vienna among digital art thinkers, which we at ascribe were honored to be a part of.

MAK is the world's oldest design museum ... [>>Full article].

 

Sunday
Apr052015

Copyright on the Blockchain: SPOOL Protocol

Happy Easter! At ascribe, we've been working hard to make it easy for artists, collectors, and others to manage their intellectual property. 
Under the hood we use the bitcoin blockchain to time-stamp actions like registering work, consigning it, and transferring ownership. We designed a short "overlay language" for the blockchain. We call it the SPOOL... [>>Full article]
Saturday
Mar142015

Blockchain & Blue Ocean

The Bitcoin blockchain is Blue Ocean Strategy at work... [>>Full article]

Thursday
Mar122015

The Original Blockchain?

The top three DNS addresses are worth more than all the bitcoin addresses combined... [>>Full article]

Monday
Feb162015

Freud, Genetic Programming, and Blockchain

Sigmund Freud was a funny guy [1]. He got famous by asking a bunch of novel questions (or near-novel questions framed well)… then answering them with exactly the wrong answers! Of course no one knew they were wrong at the time. Though everyone should have been more skeptical, as Freud himself repeatedly said he was not using the scientific method to arrive at his answers. He didn’t pose testable hypotheses, let alone test them and publish data and analyses back up or refute the hypotheses.

Genetic programming’s a bit like that too. It asked a bunch of novel questions  (or near-novel questions framed well)… then answering them with a one-size-fits-all technology. The algorithm was able to answer the questions, but usually in a horribly inefficient way. Moore’s Law is a partial answer, but if you’re needing 10,000x speedup to get something usable you probably aren’t willing to wait the decades for Moore’s Law to meet the needs. But I love the questions that GP asked. And to be fair, GP and other evolutionary algorithms are super convenient. I like to think of them as the second-best algorithm for everything: ranked highly because the effort to prototype it is super low, but can never be #1 because it’s (usually) not fast enough for production and there’s going to be a more suitable algorithm for the problem at hand.

I see Bitcoin like Freud too. It’s asked a bunch of novel questions  (or near-novel questions framed well)… then answering them with a one-size-fits-all technology in a horribly inefficient way and (arguably) the wrong answers. A global distributed trusted database is cool. But do you really need all that electricity for consensus? Is a 30Gb database -- small enough for a thumb drive -- really “bloated”? (Ironically, GP has a so-called bloat problem too.) Do you really even need coins if it’s fundamentally just a database? The terminology is admittedly fun – just like “penis envy” was back in the day.

I really do love the questions that Bitcoin has asked. And GP before. And Freud before that. And their related fields. I just prefer thoughtfully engineered solutions. So for now I’m going to call Bitcoin the #2 solution: convenient (now, anyway), but not fast enough for production, and there’s going to be a more suitable technology.

 


[1] Funny interesting more than funny ha-ha

Saturday
Feb142015

Blockchain Scalability Part I – The Problem

The most interesting thing about Bitcoin isn’t electronic money. It’s the blockchain. As many have written [M. Andreesen 2014][J. Monegro 2014][M. Swan 2015], the blockchain has great promise as an open and global ledger, transforming not only the monetary system but virtually every industry. We'll be seeing:

If it exists, there is blockchain of it.

If the vision is realized at full potential, the blockchain will be swallowing all the photographs, videos and personal data streams of the world, in real time. It would need millions of transactions per second, and each transaction might have media files of 20Gb or more. The Bitcoin community calls the size problem “bloat” but that assumes that we want a small blockchain. I disagree: an ideal blockchain should be able to handle this volume and throughput.

The blockchain wants to be big.

But wishing doesn’t make it true. The hitch in the grand vision of the blockchain is that it simply doesn’t scale.  Unfortunately, the blockchain’s not even close. It doesn’t just need a 2x or 10x, it needs 10+ orders of magnitude.

The blockchain has several issues. Let’s enumerate:

Throughput. The Bitcoin network processes just 1 transaction per second (tps) on average, with a theoretical max of 7 tps [bitcoin.it]. It could handle higher throughput if each block was bigger, though right now that leads to size issues (see below). Compare this to Visa (2,000 tps typical, 1,000 tps peak) [bitcoin.it] or twitter (5,000 tps typical, 15,000 tps peak), or ad networks (>100,000 tps typical).

Latency. Each block takes 10 minutes to process. For sufficient security, one should wait for about an hour. And for larger transfer amounts it needs to be longer, because it must outweigh the cost of a double spend attack. Visa takes seconds at most. Financial systems are orders of magnitude faster yet.

Size and bandwidth. The blockchain is 28Gb large, and grew by 14Gb in the last year [blockchain.info]. So it already takes a long time to download (e.g. 1 day). If throughput increased by 2000x to Visa standards, that would be 1.42 Pb/year. At 150,000 tps, the blockchain would grow by 214 Pb/year. Try downloading that!

Permanence and data flexibility are issues too. Let’s table those for another day.

Interestingly, trust isn’t perfect either. At first glance Bitcoin may seem tailor-made to solve the double-spend problem.  However, the known 51% problem is really a problem when mining pools like GHash.io keep bumping up against it [J. Matonis 2014]. Just a handful of mining pools and ASIC builders control the whole network. There’s nothing preventing these organizations from colluding [M. Hearn 2014].

Note: I gave a similar list to my friend Melanie Swan, who incorporated many of those ideas into her new book on the blockchain, from O’Reilly. Great! And Melanie - your book rocks! Also, obviously other people have talked about these issue in their own way too. This is simply my take:)

So, is there a way out?

If we want to engineer a solution, we first need to specify the problem in more technical detail. So let’s get to it. Starting simply, the blockchain’s a database, just a very special one.  Technically speaking, the blockchain solves the “Byzantine Generals + Sybil Attacks” problem. In the Byzantine Generals problem [L. Lamport 1980], nodes need to agree on some value for a database entry, with the constraint that the nodes don’t necessarily get along. The Sybil Attack problem [J. Douceur 2002] is when one or more nodes figure out how to get unfairly disproportionate vote in the course of agreeing. Some have proposed to label this the Strong Byzantine Generals’ (SBG) problem [P. Koshy 2014]. (Note: Bitcoin and others aren't technically BFT because they aren't consistent in the CAP sense. But they are still robust to Byzantine behavior.)

Blockchain is not the first solution to plain old Byzantine Generals problem. [PBFT] is the first practical solution. Or if you only have crash faults and don't need to worry about malicious faults, then [Paxos] is the standard. Basically any distributed database needs it, from [Bigtable] to [Cassandra] to [Neo4J]. They all use Paxos.

Distributed databases are big. They’re the technology of “Big Data”. They start on petabytes and grow up to exabytes and beyond. Yet somehow the bitcoin community worries about “bloat” on a 30 Gb database. You better have the “right” transaction in the database, because if not you’re giving it “dust”. That’s right, this database that’s a million times smaller than a modern distributed database, that fits on your thumb, has “bloat”. Lol!

Here’s some insight why Bitcoin scales so poorly. Consider a RAID array (Redundant Array of Independent Disks), which behaves like a large monolithic database but consists of multiple cheap hard drives. A data record is stored redundantly in >1 drives, so that if a drive fails then the data can be still easily recovered. If only one disk fails at a time, then there only needs to be one backup drive for that data. One can make the risk arbitrarily small, based on assumptions of how many disks might fail at once. RAID arrays have one or two backups to be reliable at scale in industry [ref]. Similar to RAID arrays, databases like a Cassandra have a “replication factor” of 3. Bitcoin has about 6,500 full nodes [ref]. That’s akin to a RAID array with 6,500 backups, or Cassandra with a replication factor or 6,500. Lol!

I gave a talk on these issues and database disparities for Bitcoin Startups Berlin in Oct 2014. [These slides] have more detail. (Thanks for the opportunity, Brian!) 

Saturday
Feb142015

MARS, Deep Learning, and Space Lego

I’m not really into trends. Definitely not fashion (ask anyone) and not even music (though I’d like to think I was). Also, not algorithms. There are definitely trendy algorithms. These days it’s deep neural networks. I acknowledge that they’re pretty cool. They’ve had a nice string of successes, and I expect several more. They’ve been eating image processing and are nibbling the edges of other fields too. Though they’re far from perfect: they take forever to train, there’s limited theory, and intuition is difficult.

Like anything, the shiny new thing obscures the older things. Sometimes those older things are really awesome.

One example of a really awesome older thing is MARS. It’s 24 years old. It has linear scaling on the # input variables, and the # training samples. It has theory. In practice it performs as well or better than many “state of the art” algorithms. It’s elegant and intuitive. You can do cool things like extract important variables. It builds on something even older and “more boring”, decision trees aka CARTs. Yet hardly anyone talks about MARS, let alone uses it. Well, forget that. I love it, and I don’t care if it’s not the shiny new thing. I’m using it and shipping product. Without needing a Tesla cluster. So there.

And by the way, MARS hinge functions = rectified linear units (ReLUs). So sorry, deep learning people, ReLUs was a rediscovery (and that’s ok!). And also BTW, if think about deep NNs as big PWL models, then you get gobs of theory, e.g. in the control systems and analog circuits literature.

Other old but awesome things: Wilson confidence interval (1927), the bootstrap (1979), the lasso (1996), the Reimann zeta function (1740/1859) and 1980s Space Lego.

Want more detail? Here’s the talk I gave to Berlin’s Machine Learning group in Feb 2015. 

Saturday
Feb142015

Blockchain: The Moon Laser Analogy

While I got my first bitcoins in 2010 (alas not enough – woulda coulda shoulda), I’ve been spending a lot more time thinking about it this last year. One of my pet thought threads is to think up new analogies to the blockchain. There’s the standard ones like “writing into a book that everyone can see” or “etching into stone”. Those are ok, but a little too simplistic because the analogy doesn’t cover certain characteristics of the blockchain.

In my view, the blockchain has four specific characteristics: “write once, read forever, delete never, and trusted”; where “trusted” is implemented as “public, transparent, and owned by no one via decentralization” (also called “trustless” by some).

My current pet analogy is the moon laser:

Imagine that the moon’s surface is a ledger; anyone can etch with a laser from earth; once there it’s there forever, and anyone can read it with a telescope. This moon laser system is also “write once, read forever, delete never, and trusted”. (But flipping bits is easier than shooting lasers to the moon; hence the blockchain.)

This analogy seems to cover more characteristics than other analogies. It’s a bit on the weird side though. I don’t use this one when explaining bitcoin to central bankers!

I’m sure there are several great analogies out there, and improvements to the moon laser one too. Suggestions?

 

Saturday
Feb142015

Natural Born Cyborgs: A Prelude to the BW++ Singularity Scenario

I recently chaired a panel about the singularity at the [OEB conference]. The aim was to paint a picture of what the singularity could look like, and the shades-of-gray technologies leading to it. I gathered friends who live and breathe those technologies – virtual reality (Tore Knabe), augmented reality (Miho Tanaka), bio engineering (Jan Saam), and technology for thinking (Bruce Pon). I was the AI guy. Each of us discussed the techs in the context of singularity.

We also laid out a few of the singularity scenarios and related risks. I discussed my pet scenario (bandwidth++) which I think is the safest path for humanity. The BW++ scenario avoids the robot-overlord scenario while still keeping us in the flesh until we’re ready. Bill J and Elon M – you’re wrong, there is a way. The BW++ way means we don’t need to lock down scientists or make interplanetary colonies of our meat bag selves. Following the conference I gave an interview about the BW++ scenario; the article is [here][local]. I’ve given talks on it before - to a group of neuroscientist in Vancouver in 2012 [slides] and a group of futurists in Berlin in early 2014 [slides]. One of these days I’ll make an essay (and proper post) of it.