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Online Seminar | Filecoin: A Decentralised Data Storage and Delivery Market
03 March 2021, 11:30 am–12:30 pm
With the vast majority of internet services operating under a centralised model Ioannis Psaras, Research Scientist at Protocol Labs, will discuss the emergence of the first decentralised storage network, the technologies underpinning the network and explore the value propositions created by such a network
This event is free.
Event Information
Open to
- All | UCL staff | UCL students
Availability
- Yes
Cost
- Free
Organiser
-
Robert Thompson – Institute of Communications and Connected Systems
Filecoin: A Decentralised Data Storage and Delivery Market
The vast majority of the Internet services we use today operate under a centralised model, meaning that one entity has full control over the system’s operation and performance. Such services include Internet connectivity, data storage, as well as data delivery platforms. This is a risky approach for several reasons: it leads to reduced security, single points of failure, opportunities for manipulation by rogue actors (e.g., oppressive states), or giant monopolies that dominate market trends.
In lack of any alternative, data storage services, in particular, have been increasingly centralised in the last few decades with very few, very large players dominating the landscape.
In 2020 this changed.
Filecoin is the first of its kind decentralised storage network, where any user can join and contribute storage capacity to the peer-to-peer network. The blockchain that supports the Filecoin network integrates all the required proofs to ensure that no one misbehaves, deletes or provides corrupt copies of the data to users. Storage providers are rewarded for their service and the market dynamics guarantee that the system is profitable for those contributing to it.
In this talk we will go through the main technologies underpining the Filecoin Network and discuss some of its high-level operational properties and value propositions.
ICCS Chair
This session will be chaired by: Izzat Darwazeh
Attending the seminar
The Seminar will be held on the Zoom platform. Details of how to access Zoom can be found on their website.
Please click this URL to join. Zoom Webinar
Webinar ID: 945 4301 0305
Password: Will be distributed to ICCS members, others are welcome to join and the password can be requested by email.
About the Speaker
Yiannis Psaras
Research Scientist at Protocol Labs
Dr Yiannis Psaras is a Research Scientist at Protocol Labs. He is heavily involved in identifying the future challenges for IPFS, libp2p and Filecoin, especially with regard to the limitations that current versions of the protocols are expected to face. He is part of the Resilient Networks Lab, which nucleates projects, funds external collaborators, develops prototypes and delivers solutions to long-term problems to the IPFS, libp2p and Filecoin engineering teams.
Before joining Protocol Labs, he was an EPSRC Fellow and University Lecturer at University College London. For the past decade he has been interested in resource management techniques for current and future networking architectures with particular focus on routing, caching and congestion control. Over the last few years he has focused on function-centric networks to realise distributed and decentralised edge computing, also referred to as “computing in the network”. He held a prestigious EPSRC Early Career Fellowship (2015-2020) in the area of “decentralized content-oriented and service-centric edge-computing architectures”. He has been heavily involved in the effort to shift the Internet towards a content-addressable, Information-Centric Networking environment, which he is now materializing through his contribution to the IPFS Ecosystem.
Dr. Psaras has received five (5) Best Paper Awards for his work and has attracted more than £2.5M in research funding to date from the Engineering and Physical Sciences Research Council (EPSRC, UK), the EU FP7/H2020 framework programmes and from Innovate UK.
More about Yiannis Psaras