{"id":2872,"date":"2020-11-07T00:21:15","date_gmt":"2020-11-06T22:21:15","guid":{"rendered":"https:\/\/esatoshi.club\/?p=2872"},"modified":"2020-11-07T00:21:17","modified_gmt":"2020-11-06T22:21:17","slug":"uniris-x-satoshi-club-ama-recap-from-3rd-of-november","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/11\/07\/uniris-x-satoshi-club-ama-recap-from-3rd-of-november\/","title":{"rendered":"Uniris x Satoshi Club AMA Recap from 3rd of November"},"content":{"rendered":"\n

At Satoshi Club we continue to educate\nour community and giving great rewards for it. So, today we would like to tell\nyou about the AMA session with our friends from Uniris<\/a>.\nThe AMA took place on November 3 and our guests were Akshay Kumar and Nilesh\nPatankar.<\/p>\n\n\n\n

The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nHello, Satoshi Club! We are happy to announce our AMA session with Uniris! @nileshvp<\/a> @akshaykumarkm9<\/a>\nwelcome to Satoshi Club. 😀<\/p>\n\n\n\n

Nilesh\nPatankar:<\/strong> Thanks you, happy to be here.<\/p>\n\n\n\n

Akshay\nKumar:<\/strong> Thank you.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Welcome\nhere\u2026 could you please introduce yourself and tell us about how did you start\nwith Uniris?<\/p>\n\n\n\n

Akshay\nKumar: <\/strong>I am responsible for the R&D of Uniris blockchain and\nbiometrics, as you know Uniris has 14 strong patents around this. I was\nintroduced to crypto during my master studies at Ecole Polytechnique, Paris in\n2016-17. I joined Uniris straight out of college.<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>Hi, I have been in the payment industry for over 2 decades. I used\nto work with MasterCard earlier. I started discussing this idea with my friend\nSebastien in early 2016. We were both intrigued by the bitcoin concept and the\nelegant solution. It was so interesting to see the application of Mathematics\nin a distributed P2P trustless ecosystem. The codifying of rules to govern\nsystems without centralized management was almost a utopian state devoid of\nmalice and greed. Our first thought was to apply this concept to create a P2P\ndecentralized marketplace. We started looking at possible base layer like\nEthereum to provide the solution but we quickly realized the shortcomings. It\nwas impossible to imagine a marketplace powered by a blockchain that could ONLY\nscale up to 25 transactions per second. The next stumbling block was adoption.\nThe blockchain ecosystem is so esoteric in nature that it\u2019s adoption is limited\nto tech-savvy \u201cnerd\u201d segment. This thought became evident when Sebastien tried\nexplaining the concept to his grandma, who was unable to fathom the whole\nprivate key management aspect. We realized that the adoption would only be\npossible through simplicity of use and if adoption was successful then\nscalability to manage the growth was of utmost importance. That is when we\ndecided to create our own blockchain, that provided scale and a biometric\nsolution, that simplified access and private key management.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>How\nhas your vision changed in 4 years of working on the project? Did you find\nsomething new, that you will add or discover something that you are not able to\nchange now?<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>As I mentioned earlier our vision started with decentralized\nmarketplace on an available blockchain but then we created our own blockchain.\nWe also did lot of research in the crypto biometrics space to create our unique\nsolution. This resulted in a strong identity based blockchain system. Lot of\ninnovation has gone into every layer for providing the scale and security. We\nalso found some shortcomings in the smart contracts design that were prevalent\nand vulnerable. We did a lot of work in that area too.<\/p>\n\n\n\n

Akshay\nKumar: <\/strong>Yes, blockchain has been prone to 51% or 66% attack based on the\nconsensus protocol and there is no new research in this space that takes it to\nthe next level. At Uniris, we have built a new consensus protocol called ARCH\nthat is able to handle even 90% maliciousness.<\/p>\n\n\n\n

This is something, that will revolutionize the blockchain space.<\/p>\n\n\n\n

Q1 from\nTelegram user @Jmagsss<\/strong><\/p>\n\n\n\n

Uniris\nconsensus uses the ARCH consensus or Atomic Rotating Commitment Heuristic, this\nis the first time I\u2019ve heard about this type of consensus, were you the first\none to innovate this kind of consensus and integrate it to your blockchain or\nyou had some idea based on other types of consensus?<\/em><\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>We were the first one and once we wrote the design we got it\nreviewed by academics\/researchers. The base idea was to provide scale without\ncompromising security. A lot of Maths and simulations went into creating the final\ndesign. This is a step away from PoW or PoS.<\/p>\n\n\n\n

Atomic Commitment is the form of “absolute” consensus\nthat implies 100% concordant responses for the acceptance or refusal of the\ntransaction validation. Heuristics is the set of algorithms, softwares and\nparameters that manage the entire network, allowing the network to elect in a\ndecentralized and coordinated way the nodes in charge of validating and storing\ntransactions chains.<\/p>\n\n\n\n

Rotating the network being fully distributed (no central or\nprivileged role), the nodes elected for each operation are constantly changing\nso that no node can predict which nodes will be elected until the transaction\narrives. In other words, ARCH makes it possible to obtain universal consensus\nfrom a small part of the nodes. This is proven using hypergeometric\ndistribution laws. It is one of the core concepts that lead to scalability and\nsecurity.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>The\nmath here is a bit tricky 😂, but you can give 3\nexamples of why your consensus is the best? Or is it the best only for Uniris’s\nsolutions?<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>Here are three reasons why: Security – Manage 90% maliciousness\nwithout compromising the truth, Scalability – Near linear horizontal\nscalability which means given enough nodes we can scale to million txn per sec,\nSustainability – 3.6 Billion times less energy consumption than Bitcoin, 0.1%\naverage transaction costs 60,000 times less than EOS.<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong>\nAnd what advantages does this consensus offer over other consensus algorithms?<\/p>\n\n\n\n

Nilesh Patankar: <\/strong>Ability to handle 90% maliciousness is well above other consensus algos like PoW or PoS, similarly scale is well above the prevalent processing abilities around 25 txn per sec and energy consumption is well below other algos since the whole network does not participate and pause for processing one block.<\/p>\n\n\n\n

\"\"
Comparison table between Uniris and other popular blockchains. <\/figcaption><\/figure>\n\n\n\n

Q2 from\nTelegram user @AmirJosh<\/strong><\/p>\n\n\n\n

Uniris was\nawarded the label for the management of secure access for the Paris 2024\nOlympic Games. What is your contribution and part of the upcoming 2024 Olympic Games?\nWill you be providing assistance to the famous event?<\/em><\/p>\n\n\n\n

Akshay\nKumar: <\/strong>The platform has been certified by the French Strategic Committee\nof the Security Industries Sector (CSF) with the aim to identify solutions that\ncan contribute to the security of major events such as the Paris Olympics 2024.\nFor the next 5 years, Uniris would have an opportunity to provide secure access\nfor various global events in France. Our first pilot was supposed to be at this\nyear\u2019s French Open Tennis tournament (Rolland Garros). We were planning to\nprovide bands that would provide access to the arena and other secure zones for\nspectators and players respectively. The access\/authorization information would\nbe securely stored on the blockchain.<\/p>\n\n\n\n

As you know due to the corona pandemic the event was postponed and\nall experiments were halted for this year. Similarly, for the Olympics we will\ndesign a secure access system based on our blockchain. Spectators, players,\nteam management, security personnel and others would get relevant access to\nrelevant zones based on their authorization. <\/p>\n\n\n\n

Global event management means Uniris blockchain would potentially\nadd a minimum of 10 MILLION USERS due to the Olympics alone. Imagine the\nnetwork effect!!!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Which\nkind of security and identity you will provide? Can you explain in details?<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>We are providing security using crypto-biometrics. This is very\ndifferent from scoring biometrics. We generate private keys on-the-fly using\nthe biometric information and the private keys are used to unlock the\nassociated asymmetric keys. That way it is like zero-knowledge-proof, we do not\nstore any key information. In scoring biometrics, a pattern has to store for\ncomparison later. The identity is totally decentralized and we have something\ncalled identity chains. Each user will have an identity chain. The identity is\nself-sovereign.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Complete control over your own data and how you monetize it. Good\nbye to surveillance capitalism.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Oh,\nit’s so interesting) i will wait for 2024. 👍<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>You will see it working before that even during Rugby World Cup\n2023, Paris.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>It\nwas some kind of competition to provide this access? Sure, you were not the\nonly one who wants to provide this for such events?<\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>Yes, we went through multiple rigorous rounds of interviews with\nFrench CSF and Paris Olympics committee. It was a jury based selection. We were\nthe only blockchain solution to be selected.<\/p>\n\n\n\n

Q3 from\nTelegram user @JesusFre1tes<\/strong><\/p>\n\n\n\n

Many of\nthe mobile devices are not yet adapted to advanced security systems such as the\nfingerprint reader. What is UNIRIS\u2019 proposal in this regard to solve all the\nlimitations that may arise and make all users part of its platform? Will the\nfingerprint be the only security mechanism?<\/em><\/p>\n\n\n\n

Nilesh\nPatankar: <\/strong>We have ability to use the captive solutions provided with the\nmobile devices. So we can integrate the private key generation with available\nsolutions. We will also be industrializing a device that can be used at the\npoints of access to use the native crypto-biometrics of Uniris. The mechanism\nis primarily finger vein or they can always use usb keys and other available\nkey management solutions.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>I\nhave one question – are my fingerprints the only way for access? If something\nwill happen with my hands will i be able to prove my identity?<\/p>\n\n\n\n

Akshay\nKumar:<\/strong> The biometric device takes into account two of the three\nmeasurements<\/p>\n\n\n\n