Public lecture: "On the Security and Scalability of Bitcoin's Blockchain"
Dr. Karame is the manager and chief researcher of the security group at NEC Laboratories Europe. He is interested in all aspects of security and privacy with a focus on cloud and blockchain security. In the public lecture of the Heidelberg Chapter of SIAM he gave a talk "On the Security and Scalability of Bitcoin's Blockchain".
Bitcoin's blockchain emerges as an innovative tool which proves to be useful in a number of application scenarios. This talk reviewed the security provisions of Bitcoin and its underlying blockchain-effectively capturing, recently reported attacks and threats in the system. The talk also discussed the limits of decentralization in Bitcoin's blockchain and outlined a number of (open) challenges that should be overcome prior to large scale industrial deployment of open blockchains.
After the public lecture there was the election of the executive Board of the Heidelberg Chapter of SIAM for the academic year 2017/18. In the end, we enjoyed an After-Election cake with the members.