Cryptocurrency giants-Ethereum and Bitcoin -MN504

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Assessment Details and Submission Guidelines
Trimester T2 – 2018
Unit Code MN504
Unit Title Networked Application Management
Assessment Type Individual Assignment
Assessment

Title

Cryptocurrency giants-Ethereum and Bitcoin
Purpose of the assessment

(with             ULO

Mapping)

The purpose of this assignment is to develop skills of analysing critically, and problem solving in regard to Networked Application Management (NAM). Students will be able to complete the following ULOs:

 

b.                Perform a literature review on modern network applications and management;

c.                Analyse common and emerging types of middleware to design and manage networked applications;

 

Weight 10%
Total Marks 50
Word limit 1500 – 2000
Due Date   31/08/2018 11:55PM (Friday Week 7)
Submission Guidelines •     All work must be submitted on Moodle by the due date along with a title Page.

•     The assignment must be in MS Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2.54 cm margins on all four sides of your page with appropriate section headings.

•     Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using IEEE referencing style.

Extension  If an extension of time to submit work is required, a Special Consideration Application must be submitted directly to the School’s Administration Officer, in Melbourne on Level 6 or in Sydney on Level 7.  You must submit this application three working days prior to the due date of the assignment.

Further information is available at:

http://www.mit.edu.au/aboutmit/institutepublications/policiesproceduresandguidelines/specialconsiderationdeferment  

Academic

Misconduct  

 

 Academic Misconduct is a serious offence. Depending on the seriousness of the case, penalties can vary from a written warning or zero marks to exclusion from the course or rescinding the degree. Students should make themselves familiar with the full policy and procedure available at: http://www.mit.edu.au/aboutmit/institutepublications/policiesproceduresandguidelines/PlagiarismAcademicMisconductPolicyProcedure. For further information, please refer to the Academic Integrity Section in your Unit Description.

 

 

Assignment Description

 

A report containing a complete discussion and analysis of the given topic in the required context needs to be submitted on Moodle. The report must have following parts:

 

 

Part 1: Ethereum & Bitcoin

 

The students explore Ethereum & Bitcoin by reviewing the literature on the internet as papers, book chapters, and independent scholarly reports by experts, and research based videos. Students participating in the PBL are taught how to do the critical thinking for review of literature. At least three articles related to technology supporting Ethereum need to be analysed in depth by discussing the overall contribution, scope and limitations of each research work. Following aspects related to Ethereum must be discussed:

  • Architecture
  • Features
  • Challenges

 

 

Part 2: Applications of Bitcoin

 

Students need to discuss at least one application in EACH of the following domains supported by Bitcoin:

  • Token Systems
  • Decentralised file storage

 

Part 3: Compare Ethereum and Bitcoin

 

Bitcoin and Ethereum are the two biggest giants of the cryptocurrency world. Bitcoin (BTC) was the first coin and Ethereum (ETH) followed a few years later.  Discuss in detail similarities and differences between the two.

 

Moodle Submission

 

 

All assignments should be submitted via Moodle and the similarity reports should be looked at carefully before the due-date, as students should make sure that there is no plagiarism of any type.

 

 

 

 

 

 

Marking Criteria

 

 

Section to be included in the report

 

Description of the section

 

Marks

 

Introduction

 

Introduction of Ethereum v/s Bitcoin in terms of use and popularity. Also the structure of the assignment should be discussed.

 

 

2

 

Part 1

 

Discussion of following aspects related to Ethereum:

•      Architecture

•      Features

•      Challenges

 

 

8+ 6+ 6 =20

 

Part 2

 

Analyse and discuss at least one application EACH supported by Bitcoin in the following domains:

•      Token Systems

•      Decentralised File storage

 

There has to be at least 2-3 references for each application.

 

 

10* 2 =20

 

Part 3

 

Differences and Similarities between Ethereum &

Bitcoin are to be discussed and analysed

 

4

 

Conclusion

 

Draw a conclusion of the report with complete summary of all sections

 

 

2

 

Reference style

 

Follow IEEE reference style, in text citation and complete reference list.

 

 

2

   

Total

 

 

50

 

 

 

Marking Rubric for Assignment #1: Total Marks 50

 

Grade Mark HD

40-50

DI 35-39 CR 30-34 P 25-29 Fail

<25

  Excellent Very Good Good Satisfactory Unsatisfactory
Introduction

 

/2

All salient features contributing to the popularity of

Ethereum &

Bitcoin are discussed and ability to think critically is

demonstrated

 

Some relevant features are soundly analysed. General features are analysed. Some relevant features are briefly presented. This is not relevant to the assignment topic.
Part 1

 

/20

Demonstrated

excellent ability to

analyse critically and sourced reference material

Demonstrated

excellent ability to analyse critically but did not source reference material appropriately

Demonstrated some ability to analyse critically and sourced reference material

appropriately

 

Demonstrated

little ability to analyse critically and did not source reference material

appropriately

 

Did not demonstrate

ability to analyse critically and did not source reference material

appropriately

 

Part 2

 

/20

Findings are clearly linked and well justified. Scope and limitations are provided exceptionally well Findings are clearly linked and justified. Scope and limitations are provided

 

Findings are linked and convincing. Some scope and limitations are provided

 

Findings are  not linked and unjustified

 

Findings are not available
Part 3 /4 All socio-technical aspects are discussed exceptionally well Very good discussion of most sociotechnical aspects

 

Good

discussion of some sociotechnical aspects

Discussion of few sociotechnical aspects Unsatisfactory discussion of few sociotechnical aspects.
Conclusion

 

/2

Logic is clear and easy to follow with strong arguments Consistent, logical and convincing

 

 

Mostly consistent logical and convincing Adequate cohesion and conviction Argument is confused and disjointed
Reference style

 

/2

Clear styles with excellent source of references. Clear referencing

style

 

 

Generally good referencing style Sometimes clear referencing style Lacks consistency with many errors