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working in unchartered" xmpDM:startTime="2132300" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="territories Risks" xmpDM:startTime="2132300" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Decisions with Risk Sell insurance Buy insurance Sell a stock Buy a stock Download a software application on your computer" xmpDM:startTime="2167000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Update software" xmpDM:startTime="2167000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Our Goal Moving the chain from deterministic to probabilistic Moving the chain from storage to computation Moving the chain from" xmpDM:startTime="2212233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="data to knowledge Moving the chain from information to decision making Google is moving from “Search” to “Suggest” using AI" xmpDM:startTime="2212233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description 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Limitation 1: Only facts are recorded Alice gave 20 coins to Bob Limitation 2: Binary" xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Validity All transactions/contracts recorded on the blocks that are committed are valid Those not on the committed blocks and old" xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="are invalid So the recording is binary: only 0 or 1." xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Limitation 3: Deterministic Events only Can not record that I am only 90% sure that Alice gave 20 coins to" xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Bob." xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="2294167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Current Blockchain Process 1." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Users broadcast transactions or smart contracts 2." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Mining nodes validate transactions and create blocks 3." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain nodes validate blocks and construct a chain There are many users, many mining nodes, and many blockchain nodes." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="More nodes Þ Better." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Less Þ Blockchain not required/useful." xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="2320367" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Probabilistic Blockchain Process 1." xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Agents broadcast transactions, Transactions = Opinions/decisions 2." xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Mining nodes validate transactions, create a knowledge summary and create blocks 3." xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain nodes validate blocks and construct a chain 4." xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Two types of users: Agent nodes provide their probabilistic decisions Management nodes that inquire the blockchain and use it for" xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="group decisions" xmpDM:startTime="2483900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain 4.0:" xmpDM:startTime="2731533" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Database to Knowledge Base Blockchain = Distributed database of smart contracts Probabilistic blockchain = Knowledge + database Database = Who" xmpDM:startTime="2731533" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="bought, who sold, what quantity, what price, what time Knowledge = Where the market is going? Whether we should buy," xmpDM:startTime="2731533" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="sell, or hold?" xmpDM:startTime="2731533" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Empirical Validation Issue: Whether a network traffic pattern represents intrusion 1000 Agents using different machine learning algorithms give their decisions:" xmpDM:startTime="2744967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Yes or No Agents randomly pick one of the 3 algorithms: Random Forest, Decision Tree, Logistic Regression Mining nodes summarize" xmpDM:startTime="2744967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="these decisions using the majority function" xmpDM:startTime="2744967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Results Random Forest Decision Tree Logistic Regression Probabilistic Blockchain Distributed decision making is better than any individual decision" xmpDM:startTime="2783133" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Empirical Validation Issue: Whether a network traffic pattern represents intrusion 1000 Agents using different machine learning algorithms give their decisions:" xmpDM:startTime="2784900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Yes or No Agents randomly pick one of the 3 algorithms: Random Forest, Decision Tree, Logistic Regression Mining nodes summarize" xmpDM:startTime="2784900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="these decisions using the majority function" xmpDM:startTime="2784900" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Results Random Forest Decision Tree Logistic Regression Probabilistic Blockchain Distributed decision making is better than any individual decision" xmpDM:startTime="2867167" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Summary Current trend is to make everything decentralized Bitcoin is a decentralized currency." xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain 1.0" xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="is used to global consensus on Bitcoin transactions." xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain 3.0" xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="allow sophisticated contracts making it useful for many network and security applications Probabilistic Blockchains allow probabilistic statements to make decisions" xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="under risk." xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="2922800" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Results Random Forest Decision Tree Logistic Regression Probabilistic Blockchain Distributed decision making is better than any individual decision" xmpDM:startTime="2930133" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Summary Current trend is to make everything decentralized Bitcoin is a decentralized currency." xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain 1.0" xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="is used to global consensus on Bitcoin transactions." xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain 3.0" xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="allow sophisticated contracts making it useful for many network and security applications Probabilistic Blockchains allow probabilistic statements to make decisions" xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="under risk." xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="3013933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Reading List Koshik Raj, &quot;Foundations of Blockchain,&quot; Packt Publishing, January 2019, ISBN: 9781789139396 (Safari Book) Tara Salman, Raj Jain, and" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Lav Gupta, &quot;Probabilistic Blockchains: A Blockchain Paradigm for Collaborative Decision-Making,&quot; 9th IEEE Annual Ubiquitous Computing, Electronics &amp; Mobile Communication Conference" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="(UEMCON 2018), New York, NY, November 8-10, 2018, 9 pp.," xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="http://www.cse.wustl.edu/~jain/papers/pbc_uem.htm" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Tara Salman, Maede Zolanvari, Aiman Erbad, Raj Jain, and Mohammed Samaka, &quot;Security Services Using Blockchains:A State of the Art Survey&quot;" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="IEEE Communications Surveys and Tutorials, Accepted September 2018, 28 pp.," xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="http://www.cse.wustl.edu/~jain/papers/bcs.htm" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="3072000" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Other Readings A." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="M." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Antonopoulos, “Mastering Bitcoin,” Oreilly, 2014, 272 pp." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="(Safari Book) A." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Lewis, “The Basics of Bitcoins and Blockchains,” Mango Publishing, 2018, 408 pp." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="A." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Narayanan, J." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Bonneau, E." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Felten, A." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Miller, S." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Goldfeder, “Bitcoin and Cryptocurrency Technology: A Comprehensive Introduction,” Princeton University Press, 2016, 304 pp." xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="3119700" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Online Resources CoinDesk: Bitcoin News, Prices, Charts, Guides &amp; Analysis, http://www.coindesk.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Bitcoin magazine, https://bitcoinmagazine.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="CCN: Bitcoin, Blockchain, FinTech, &amp; Cryptocurrency News, https://www.cryptocoinsnews.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="CoinTelegraph, https://cointelegraph.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Bitcoin Stack Exchange, http://bitcoin.stackexchange.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Let’s talk Bitcoin, https://letstalkbitcoin.com/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Epicenter - Weekly Podcast on Blockchain, Ethereum, Bitcoin and ...," xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="https://epicenter.tv/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Epicenter Bitcoin, https://epicenter.tv/" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Ethercasts, https://www.youtube.com/user/EtherCasts" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="3143967" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Acronyms API Application Programming Interface BTC Bitcoin CCN Crypto Coin News DARPA Defense Advanced Research Project Agency HR Human Resources" xmpDM:startTime="3160233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="ICANN Internet Committee for Assigned Names and Numbers ID Identifier IoT Internet of Things IPFS Internet Protocol File System ISP" xmpDM:startTime="3160233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Internet Service Provider QR Quick Response Code RFP Request for Proposal RIPEMD RACE Integrity Primitives Evaluation Message Digest SHA Secure" xmpDM:startTime="3160233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Hash Algorithm USD United States Dollar VC Venture Captial" xmpDM:startTime="3160233" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Scan This to Download These Slides Raj Jain http://rajjain.com" xmpDM:startTime="3160933" xmpDM:duration="1000"/></rdf:li><rdf:li><rdf:Description xmpDM:name="" xmpDM:startTime="3160933" xmpDM:duration="1000"/></rdf:li></rdf:Seq>
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tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="4" tscDM:imageoffset="0" tscDM:imagerect="300, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Public Key Infrastructure" xmpDM:startTime="369400" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="5" tscDM:imageoffset="0" tscDM:imagerect="375, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Data Provenance" xmpDM:startTime="495700" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="6" tscDM:imageoffset="0" tscDM:imagerect="450, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Data Privacy" xmpDM:startTime="679533" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="7" tscDM:imageoffset="0" tscDM:imagerect="525, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Data Provenance" xmpDM:startTime="869500" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="8" tscDM:imageoffset="0" tscDM:imagerect="600, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Public Key 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56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Alternatives to “Proof of Work”" xmpDM:startTime="1495100" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="14" tscDM:imageoffset="0" tscDM:imagerect="1050, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain Implementations" xmpDM:startTime="1803133" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="15" tscDM:imageoffset="0" tscDM:imagerect="1125, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Key Strengths of Blockchains" xmpDM:startTime="1939133" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="16" tscDM:imageoffset="0" tscDM:imagerect="1200, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Ideas to Enhance Blockchains" xmpDM:startTime="2015767" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="17" tscDM:imageoffset="0" tscDM:imagerect="1275, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Risk Propels Progress" xmpDM:startTime="2132300" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="18" tscDM:imageoffset="0" tscDM:imagerect="1350, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Decisions with Risk" xmpDM:startTime="2167000" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="19" tscDM:imageoffset="0" tscDM:imagerect="1425, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Our Goal" xmpDM:startTime="2212233" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="20" tscDM:imageoffset="0" tscDM:imagerect="1500, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Blockchain Generations" xmpDM:startTime="2274233" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="21" tscDM:imageoffset="0" tscDM:imagerect="1575, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description xmpDM:name="Can the Blockchains be Enhanced?" xmpDM:startTime="2294167" tscDM:image="m_17blc2_Thumbnails.png" tscDM:imageindex="22" tscDM:imageoffset="0" tscDM:imagerect="1650, 0, 75, 56"/></rdf:li><rdf:li><rdf:Description 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                     <rdf:li xmpDM:name="autohide" xmpDM:value="false"/><rdf:li xmpDM:name="autoplay" xmpDM:value="true"/><rdf:li xmpDM:name="loop" xmpDM:value="false"/><rdf:li xmpDM:name="searchable" xmpDM:value="true"/><rdf:li xmpDM:name="captionsenabled" xmpDM:value="false"/><rdf:li xmpDM:name="sidebarenabled" xmpDM:value="false"/><rdf:li xmpDM:name="unicodeenabled" xmpDM:value="false"/><rdf:li xmpDM:name="backgroundcolor" xmpDM:value="000000"/><rdf:li xmpDM:name="sidebarlocation" xmpDM:value="left"/><rdf:li xmpDM:name="endaction" xmpDM:value="stop"/><rdf:li xmpDM:name="endactionparam" xmpDM:value="true"/><rdf:li xmpDM:name="locale" xmpDM:value="en-US"/></rdf:Bag>
               </tscDM:parameters>
               <tscDM:controllerText>
                  <rdf:Bag>
                  </rdf:Bag>
               </tscDM:controllerText>
            </rdf:Description>
         </tscDM:controller>
         <tscDM:contentList>
            <rdf:Description>
               <tscDM:files>
                  <rdf:Seq>
                     <rdf:li xmpDM:name="0" xmpDM:value="m_17blc2.mp4"/><rdf:li xmpDM:name="1" xmpDM:value="m_17blc2_First_Frame.png"/><rdf:li xmpDM:name="2" xmpDM:value="m_17blc2_Thumbnails.png"/></rdf:Seq>
               </tscDM:files>
            </rdf:Description>
         </tscDM:contentList>
      </rdf:Description>
   </rdf:RDF>
</x:xmpmeta>