OLYMPIA, Wash., Feb. 26, 2019 /PRNewswire/ -- Egni, Inc. today announced Chief Technology Officer Guy Stewart will present a new strategy for stabilizing the cryptocurrency marketplace, at the 2019 RSA Conference, on March 7, 2019. This session - Detrimental Nature of Proofs of Work, and Risks to Cryptocurrencies - will focus on an innovative approach for ASIC resistance that uses hardware constraints instead of heuristics.
In the session, Stewart will analyze the underlying reasons for current cryptocurrency marketplace vulnerabilities, from loss of control and unpredictable closing speeds to high mining costs and waning interest in participation. He will also explain the cryptocurrency design aspects that threaten to destabilize the marketplace and expose systems to hostile takeovers. In addition, he will describe how a well-designed, ASIC-resistant Proof of Space solution with provable security properties can significantly reduce power requirements while strengthening cryptocurrency systems.
WHAT: Detrimental Nature of Proofs of Work, and Risks to Cryptocurrencies
WHEN: Thursday, March 7, 8:00 a.m. – 8:50 a.m. PT
WHERE: Moscone Center – Room BAC-R02
About Guy Stewart
Guy Stewart is the co-founder and CTO of Egni, Inc. With more than 25 years of security industry experience and a proven track record of technology execution and delivery, he has successfully led engineering teams at multiple early-stage startups, setting technical strategy and building engineering teams from the ground up. Prior to Egni, Stewart was Vice President of Engineering at FatSkunk, where he led development of Proof of Space based malware detection software and helped position the company for acquisition by QUALCOMM. He has also worked with industry leaders to define and build ASICs with hardware-level security.
To learn more about how Egni's Proof of Space solution works or to schedule a meeting at the RSA Conference, email meeting@egni.com.
About Egni, Inc.
Egni is a pre-launch provider of an innovative, ASIC-resistant blockchain technology that uses Proof of Space and Proof of Authority protocols to reduce power requirements, strengthen and stabilize cryptocurrency systems, and grow the marketplace. Learn more at https://egni.io/.
Media Contact for Egni:
Julie Seymour
Email: 209955@email4pr.com
Tel: +1.415.269.2606
SOURCE Egni, Inc.
