Design of layer of the decentralised applications

Reference no: EM133539717

Bitcoin

Assessment - Presentation - design and evaluation

Learning outcome 1: Evaluate the purpose, structure, and design of base layer 1 of the Bitcoin network, which provides the security layer.

Learning outcome 2: Evaluate the purpose, structure, and design of layer 2 of the Lightning network, which provides the scalability layer.

Learning outcome 3: Evaluate the purpose, structure, and design of layer 3 of the Decentralised Applications, which provides the accessibility layer.

Learning outcome 4: Design a plan for an industry's adoption of Bitcoin.

Your Task

This assessment is to be completed individually. In this assessment, you will evaluate the purpose, structure, and design of layer 3 of the Decentralised Applications, which provides the accessibility layer. Additionally, you will design a plan for an industry's adoption of Bitcoin. Finally, you will present your plan.

Assessment Description

In this assessment, you will deliver a presentation that covers all four subject learning outcomes: (1) evaluating the purpose, structure, and design of base layer 1 of the Bitcoin network, (2) evaluating the purpose, structure, and design of layer 2 of the Lightning network, (3) evaluating the purpose, structure, and design of layer 3 of the Decentralised Applications (DApps), and (4) designing a plan for an industry's adoption of Bitcoin. The presentation will assess your ability to critically evaluate complex concepts, conduct comprehensive research, and develop strategic plans.

Your Task: Prepare and deliver a presentation addressing the following:
1. Evaluation of Base Layer 1 of the Bitcoin Network:
a. Evaluate the purpose, structure, and design of base layer 1 of the Bitcoin network, emphasising its role as the security layer.
2. Evaluation of Layer 2 of the Lightning Network:
a. Evaluate the purpose, structure, and design of layer 2 of the Lightning network, highlighting its role as the scalability layer.
3. Evaluation of Layer 3: Decentralised Applications (DApps):
a. Evaluate the purpose, structure, and design of layer 3 of Decentralised Applications (DApps), focusing on its role as the accessibility layer.
b. Analyse the impact of layer 3 on enhancing the usability, functionality, and user experience of decentralised applications.
c. Showcase examples of popular DApps and propose innovative DApp ideas.
4. Designing a Plan for Industry Adoption of Bitcoin:
a. Evaluate the potential benefits and challenges of industry adoption of Bitcoin, considering factors such as security, transparency, cost savings, financial inclusion, and regulatory compliance.

Assessment Instructions

Students must conduct research externally and included references in order to produce a well referenced assessment. You should use at least ten (10) sources of information and reference these in accordance with the Kaplan Harvard Referencing Style. These may include websites, social media sites, industry reports, census data, journal articles, and newspaper articles. These references should be presented as in-text citations and a referencing list at the end of your assessment (not included in the word limit). Wikipedia and other ‘popular' sites are not to be used.

1. You must submit your presentation in a recorded video format using MyKBS (Kaltura). You aren't required to submit the presentation slides as your slides and your face will be present in the video recording.

2. Please refer to the assessment marking guide to assist you in completing all the assessment criteria.

Reference no: EM133539717

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