Delay Impact on Stubborn Mining Attack Severity in Imperfect Bitcoin Network
Cryptography and Security
2023-09-14 v2 Numerical Analysis
Numerical Analysis
Abstract
Stubborn mining attack greatly downgrades Bitcoin throughput and also benefits malicious miners (attackers). This paper aims to quantify the impact of block receiving delay on stubborn mining attack severity in imperfect Bitcoin networks. We develop an analytic model and derive formulas of both relative revenue and system throughput, which are applied to study attack severity. Experiment results validate our analysis method and show that imperfect networks favor attackers. The quantitative analysis offers useful insight into stubborn mining attack and then helps the development of countermeasures.
Keywords
Cite
@article{arxiv.2304.06963,
title = {Delay Impact on Stubborn Mining Attack Severity in Imperfect Bitcoin Network},
author = {Haoran Zhu and Xiaolin Chang and Jelena Mišić and Vojislav B. Mišić},
journal= {arXiv preprint arXiv:2304.06963},
year = {2023}
}
Comments
arXiv admin note: text overlap with arXiv:2302.00210