Intern/Mentor

December Presentation

Ayush Jain
Marriotts Ridge High School
JHU-APL
Mr. Bruce Cottle

Agenda
G/T Programs (IM and IR)
Internship
Bitcoin
Research and further plans

Independent Research

Only class that allows you to conduct college level

research in an area of your choice
Produce original research data and a final product
Literature Review
32 annotated bibliographies
Advisor guides you on your research project
Grades 10, 11, and 12

Intern/Mentor

Youre here at this internship to gain experience and

discover a field that is not available to you in the
classroomand why not get credit while youre at
it? Bruce Cottle, Current Mentor at APL
5 hours a week: 1 credit
10 hours a week: 2 credits
Complete a final product with mentors
supervision

Johns Hopkins Applied Physics Laboratory

Mentor: Mr. Bruce Cottle
National Security Analysis Department
(NSAD)
Develop secure wireless phone connections

Bitcoin: A
Decentralized
E-Cash System

Bitcoin - The Basics

Digital cryptocurrency
Peer-to-peer network of nodes
Distributed ledger
Miners mine blocks and broadcast blocks to
nodes

Transaction #1
Input:
Transaction #0

Transactions

Output:
Address A
Amount 2 BTC
Block #1
Transaction #2
Input:
Transaction #1

Block #2

Output:
Address B
Amount 2 BTC
Block #3

Transaction #3
Input:
Transaction #2
Output:
Address C
Amount 2 BTC

Block #4

VS

Fungible
Theft-prone
Truly anonymouseasier for crime
Third-party

Can see where

transactions go
Data on state of the
whole economy
Transparent
Decentralized

The Bad
Guys
Exchanges for illegal goods
Normally use cash
The Silk Road

Research Question
How can Bitcoin transaction records be used to
identify and prevent illicit transactions on the
Bitcoin network?

Further Research
Graph Theory
Private Bitcoin testnets
Use actual Bitcoin data
from accounts that conduct
illicit transactions

Recap
G/T Programs (IM and IR)
Internship
Bitcoin
Research and further plans