The following open message was written by Dan Bouna (Stanford), Joseph Bono (New York University), Julia Vantry (Carnegie Mellon), Ben Fish (Yale), Ari Jeels (Cornell), Varrenaz Kushangar (University of California Fyu Diego), Andrew Miller (University of Elleno in Urbana) (Stanford), Pramod Veswanat (Princeton).
Here is a multiple choice question.
Khawarzaf, expression, avalanche, axlaar, babylon, Cardano, cosmos, eignlayer, Espresso, Flashbots, Oasis, Starkware, SUI.
Tolerant Byzantine Protocols (BFT), digital signatures, formal verification, maximum extractive value (MEV), public key encryption, work proof, blog, reliable implementation environments (Tees) used in Blockchain systems, checked random functions (VRFS), knowledge proof systems.
Which of the following applies to companies, projects and concepts mentioned above?
A) It was invented / created by researchers working in or with deep roots in academic institutions.
B) They feed and transformed the Blockchain.
C) They explain the importance of academic innovation in the Blockchain.
D) All of the above.
The answer is d. The lion’s share of these innovations occurred in universities, to a large extent in the United States.
Checks and the US federal government
Both the White House and Congress support and accelerate innovation and enhance American hegemony in the encryption economy and the Blockchain technology in which it works. The White House has established the presidential work group in the digital asset markets, while there are two main pieces of legislation, genius and stable, hanging in Congress. There is a need to cry for organizational and legislative reforms that give priority to innovation and its support for encryption with the imposition of strong protection for consumers. The efforts made to accomplish these things are reasonably to salute.
At the same time, though, we are about to see huge discounts to finance academic research in the United States. The White House budget proposal includes 2025A Reducing 55 % For the National Science Corporation (NSF). Meanwhile, China more Its budget is 10 % last year. NSF is the source of most federal funding to research computer science at US universities. It is the main source of financing that prompted encryption innovations like those in the list above. Provides little financing for academic research because they are not specific to the product. So Defunding NSF means neglecting scientists in the United States – including those who lead the innovation of encryption.
Clear the innovation pipeline
We are academic researchers in the field of encryption, representing five American universities. Besides our education, we conduct research and train doctoral students.
While the maximum market is a short indication of the health of the encryption industry, the number of doctoral students studying Blockchain is one long -term: it reflects the depth of future scientific leadership. This pipeline already relieves. Many of us have not been able to take over the new doctorate students this year due to the unconfirmed American financing climate. We are not alone.
He participated in the establishment of many companies in the list above by former members of our academic groups or by us. If future members disappear in our groups along with scientific financing, the successful founders of the future for the United States and PhD students will only start companies. It is also the engine that occupies academic research and ultimately in the industry, where they do intense work between the brain and employment behind technical innovations that lead to faster and safer groups. PhD students in our groups play a major role in creating or progressing in many concepts in the second list above. If they gave up, they will get the breakthroughs they had brought to this industry.
When we are funded to conduct research and stay on the cusp of innovation in Crypto, we are also better teachers – able to provide students with the latest developments. This means that stronger technical leaders learn in the United States
conclusion
Organization and legislation can be the best blessing for encryption. But the American leadership in encryption will not be secured through politics alone. At the forefront of innovation of encryption is science – American universities have long been their strength.
If you are a farmer trying to ensure a strong harvest, it is wise to upgrade your equipment and expand your fields. But if you stop planting the seed square, you will not save any amount of crop machines.
If you care about the American leadership in Crypto, contact with representatives of Congress and members of the Senate. Urging them to support research financing that made American universities the seed of international scientific and technical leadership – including Blockchain technology.
Authors:
Dan Bouna Professor of Computer Science and Electrical Engineering in Stanford UniversityIt is recommended A16z Crypto And many projects in Blockchain space.
Joseph Bono He is an associate professor of computer science in New York University. He worked as a consultant to Zcashand Khawarzafand Xiaand Q (1) Laborators and Espesso systems And as a research partner in A16z Crypto.
Julia Vante He is a associate professor of Jordan Angel in Electrical Engineering at Carnegie Mellon University. She is the director of participation in Initiative of encrypted currencies and contracts (IC3)Member of the Ministry of Commerce Advisory Council for Information and Privacy (ISPAB)And a member of the United Kingdom’s Financial behavior SDEG.
Bin Fish He is an assistant professor of computer science in Yale University. He is a co -founder of Espesso systems It has advised many prominent encryption projects, including Xia and Felicoin.
Ary Gels It is the Family Family Foundation, Professor Joan and Sanford I Will in Cornell Tech And a member of the teaching staff in computer science in Cornell University. He is also a co -director of Initiative of encrypted currencies and contracts (IC3)Senior scholars in ChainLink LabsAnd the author of a tricheer encryption Oracle.
Farnaz Koshanvar He is Professor of Nemat-Nasser Al-Hadafi in Electricity and Computer Engineering in California University San Diego. She is also the founding director of the UCSD Center for Intelligence, Computing and Security (MICS), and a research scientist ChainLink Labs. She is an ACM and IEEE colleague and the National Inventors Academy (NAI).
Andrew Miller He is an associate professor in electrical and computer engineering in Illinois University in Urbana Chambine. He is also a co -director of Flashbots[X]Participant Director Currency and Correctional Contracts Initiative (IC3Member of the Board of Directors Zcash Foundation. He was a consultant to Coursesand ChainLinkand Ancoand cliqueAnd PI2.
Ciamac Moalmii He is William von Mewelding Professor Manager Digital Finance Laborat At the College of Business for Business at the University of Colombia. He is also a consultant to several companies in Blockchain and Fintech space.
David Tsi He is a professor of Thomas Killth and professor of engineering at Stanford University. He is a member of National Academy of EngineeringAnd a recipient Claude Shannon Award In 2017 and IEEE Richard W. Hamming medal In 2019, he is also a co -founder of Babylon Bitcoin Stancol protocolCurrently eighth in TVL (total closed value) among all Defi protocols.
Bramud Vesanat It is Professor Forest J. Hamrik at Princeton University. It is a basic contributor to sensitive.
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