| Literature DB >> 33267437 |
Alejandro Baldominos1, Yago Saez1.
Abstract
One decade ago, Bitcoin was introduced, becoming the first cryptocurrency and establishing the concept of "blockchain" as a distributed ledger. As of today, there are many different implementations of cryptocurrencies working over a blockchain, with different approaches and philosophies. However, many of them share one common feature: they require proof-of-work to support the generation of blocks (mining) and, eventually, the generation of money. This proof-of-work scheme often consists in the resolution of a cryptography problem, most commonly breaking a hash value, which can only be achieved through brute-force. The main drawback of proof-of-work is that it requires ridiculously large amounts of energy which do not have any useful outcome beyond supporting the currency. In this paper, we present a theoretical proposal that introduces a proof-of-useful-work scheme to support a cryptocurrency running over a blockchain, which we named Coin.AI. In this system, the mining scheme requires training deep learning models, and a block is only mined when the performance of such model exceeds a threshold. The distributed system allows for nodes to verify the models delivered by miners in an easy way (certainly much more efficiently than the mining process itself), determining when a block is to be generated. Additionally, this paper presents a proof-of-storage scheme for rewarding users that provide storage for the deep learning models, as well as a theoretical dissertation on how the mechanics of the system could be articulated with the ultimate goal of democratizing access to artificial intelligence.Entities:
Keywords: blockchain; cryptocurrency; deep learning; neural networks; proof-of-work
Year: 2019 PMID: 33267437 PMCID: PMC7515252 DOI: 10.3390/e21080723
Source DB: PubMed Journal: Entropy (Basel) ISSN: 1099-4300 Impact factor: 2.524
Figure 1Summary of procedure suggested for the proof-of-useful-work scheme.
Figure 2Parsing tree of a CNN architecture using the context-free grammar proposed in the use case.
Figure 3Summary of the process used to obtain a valid deep learning architecture from a blockchain hash by means of a formal context-free grammar.
Figure 4Summary of procedure suggested for the proof-of-storage scheme.
Figure 5Global overview of the Coin.AI proposal, showing how proof-of-work allows mining a new block and how proof-of-storage is used for storing data and models in a distributed fashion.