1,655 research outputs found
Sustainable Development Report: Blockchain, the Web3 & the SDGs
This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc
Sustainable Development Report: Blockchain, the Web3 & the SDGs
This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc
Proposal of a methodology for the sustainability assessment of cryptocurrencies
As cryptocurrencies are becoming more and more widespread and their power consumption has caught the attention of the public, it seems worthwhile to investigate their effects on the environment, economy and society. In the scientific literature, a clear focus on the high power consumption of the market-dominating Bitcoin can be seen in the sustainability assessment of cryptocurrencies. In order to build a comprehensive understanding of cryptocurrenciesâ sustainability other aspects should be considered as well instead of narrowing down the scope of analysis to power consumption. Therefore, a holistic definition of sustainability in the context of cryptocurrencies is proposed. Building upon this definition a methodology for assessing a cryptocurrenciesâ sustainability is derived in this paper and subsequently applied to ten cryptocurrencies
At the very beginning, there\u27s this dream. The role of utopia in the workings of local and cryptocurrencies
Since the 2008 financial crisis, the number of alternative currencies aiming at transforming global financial institutions, such as local and complementary currencies (LCC) and cryptocurrencies, has exploded. Yet the motivations and workings of such monies are relatively unknown. This chapter aims to fill this gap by providing a framework that uncovers the ideals pursued by alternative currencies, and the effects of those ideals on the production of money. To do so, I present a comparative analysis of the valuation infrastructure â the processes through which value(s) is produced â of one LCC, Sol Violette, and three cryptocurrencies, Bitcoin, Ä1 âJuneâ and impak Coin. Throughout, I elaborate on the social meaning of money and the role played by alternative currencies in contemporary capitalism. I show that 1) despite targeting the same financial institutions, the utopia pursued by alternative currencies varies significantly and 2) this utopia is at least as important as the technology (e.g. blockchain) in shaping the workings of these monies. Based on these findings, I outline some implications for the social studies of financial technologies, their effects on our societies and their regulation
At the very beginning, there\u27s this dream. The role of utopia in the workings of local and cryptocurrencies
Since the 2008 financial crisis, the number of alternative currencies aiming at transforming global financial institutions, such as local and complementary currencies (LCC) and cryptocurrencies, has exploded. Yet the motivations and workings of such monies are relatively unknown. This chapter aims to fill this gap by providing a framework that uncovers the ideals pursued by alternative currencies, and the effects of those ideals on the production of money. To do so, I present a comparative analysis of the valuation infrastructure â the processes through which value(s) is produced â of one LCC, Sol Violette, and three cryptocurrencies, Bitcoin, Ä1 âJuneâ and impak Coin. Throughout, I elaborate on the social meaning of money and the role played by alternative currencies in contemporary capitalism. I show that 1) despite targeting the same financial institutions, the utopia pursued by alternative currencies varies significantly and 2) this utopia is at least as important as the technology (e.g. blockchain) in shaping the workings of these monies. Based on these findings, I outline implications for the social studies of financial technologies and their effects on our societies
A Standalone FPGA-based Miner for Lyra2REv2 Cryptocurrencies
Lyra2REv2 is a hashing algorithm that consists of a chain of individual
hashing algorithms, and it is used as a proof-of-work function in several
cryptocurrencies. The most crucial and exotic hashing algorithm in the
Lyra2REv2 chain is a specific instance of the general Lyra2 algorithm. This
work presents the first hardware implementation of the specific instance of
Lyra2 that is used in Lyra2REv2. Several properties of the aforementioned
algorithm are exploited in order to optimize the design. In addition, an
FPGA-based hardware implementation of a standalone miner for Lyra2REv2 on a
Xilinx Multi-Processor System on Chip is presented. The proposed Lyra2REv2
miner is shown to be significantly more energy efficient than both a GPU and a
commercially available FPGA-based miner. Finally, we also explain how the
simplified Lyra2 and Lyra2REv2 architectures can be modified with minimal
effort to also support the recent Lyra2REv3 chained hashing algorithm.Comment: 13 pages, accepted for publication in IEEE Trans. Circuits Syst. I.
arXiv admin note: substantial text overlap with arXiv:1807.0576
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