Cornell University PhD thesis marked a milestone for the crypto industry

The Turkish doctoral supervisor Emin Gün Sirer reveals spicy details about a doctoral thesis on blockchain.

A doctoral thesis entitled “On the Scalability of Blockchain Technologies” has become the most downloaded dissertation from the renowned American Cornell University in the past eight years. The corresponding work was written by Adem Efe Gencer in 2017, with Emin Gün Sirer and Robbert van Renesse being the doctoral supervisors.

Recently asked about the dissertation, the Turkish-born Gün Sirer found words of praise:

„The doctoral thesis of Dr. Gencer is an outstanding achievement in the burgeoning field of blockchains and cryptocurrencies. It has produced a completely new consensus process that enhances the very successful Satoshi Nakamoto protocol on which Bitcoin Profit is based. “

In addition, the timing was perfect, because at the time of publication there was „a debate about the scalability of Bitcoin“ taking place. In this regard, Sirer refers to the debate about the block size of Bitcoin, which ultimately led to the development of a spin-off from the leading cryptocurrency called Bitcoin Cash ( BCH ) in 2017 .

In his doctoral thesis , Gencer introduced a new consensus process called Aspen. The associated algorithm uses a process now known as sharding to distribute the workload evenly across the blockchain network. In addition, it enables improved usability without having to compromise on security, and scalability is also optimized. As Sirer indicates, at least four crypto projects have now applied the procedure developed by Gencer, but the doctoral supervisor did not want to disclose which projects it was.

Gencer has been employed by the large career network LinkedIn since 2017, but no longer has any contact with blockchain technology

IT professor Sirer, who teaches at Cornell University, has now launched his own blockchain project under the name Avalance. Similar to Gencer’s dissertation, he focuses on scalability and uses a novel consensus procedure that he developed. From this, Sirer concludes that Cornell has developed „a clear predominance in this young field“.