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Selfish mining is a well known vulnerability in blockchains exploited by miners to steal block rewards. In this paper, we explore a new form of selfish mining attack that guarantees high rewards with low cost. We show the feasibility of…

密码学与安全 · 计算机科学 2018-12-18 Muhammad Saad , Laurent Njilla , Charles Kamhoua , Aziz Mohaisen

Bitcoin is a "crypto currency", a decentralized electronic payment scheme based on cryptography. Bitcoin economy grows at an incredibly fast rate and is now worth some 10 billions of dollars. Bitcoin mining is an activity which consists of…

密码学与安全 · 计算机科学 2014-12-03 Nicolas T. Courtois , Lear Bahack

Bitcoin provides freshness properties by forming a blockchain where each block is associated with its timestamp and the previous block. Due to these properties, the Bitcoin protocol is being used as a decentralized, trusted, and secure…

密码学与安全 · 计算机科学 2018-05-21 Pawel Szalachowski

Blockchain denial of service (BDoS) and selfish mining are the two most crucial attacks on blockchain technology. A classical DoS attack targets the computer network to limit, restrict, or stop accessing the system of authorized users which…

密码学与安全 · 计算机科学 2023-10-31 Md. Ahsan Habib , Md. Motaleb Hossen Manik

Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…

密码学与安全 · 计算机科学 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

The Bitcoin cryptocurrency records its transactions in a public log called the blockchain. Its security rests critically on the distributed protocol that maintains the blockchain, run by participants called miners. Conventional wisdom…

密码学与安全 · 计算机科学 2013-11-18 Ittay Eyal , Emin Gun Sirer

The arisen of Bitcoin has led to much enthusiasm for blockchain research and block mining, and the extensive existence of mining pools helps its participants (i.e., miners) gain reward more frequently. Recently, the mining pools are proved…

计算机科学与博弈论 · 计算机科学 2020-08-18 Zhihuai Chen , Bo Li , Xiaohan Shan , Xiaoming Sun , Jialin Zhang

Bitcoin is a decentralized crypto-currency, and an accompanying protocol, created in 2008. Bitcoin nodes continuously generate and propagate blocks---collections of newly approved transactions that are added to Bitcoin's ledger. Block…

密码学与安全 · 计算机科学 2015-07-24 Ayelet Sapirshtein , Yonatan Sompolinsky , Aviv Zohar

The Bitcoin cryptocurrency has received much attention recently. In the network of Bitcoin, transactions are recorded in a ledger. In this network, the process of recording transactions depends on some nodes called miners that execute a…

密码学与安全 · 计算机科学 2023-02-15 Ali Nikhalat-Jahromi , Ali Mohammad Saghiri , Mohammad Reza Meybodi

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

密码学与安全 · 计算机科学 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

Researchers have discovered a series of theoretical attacks against Bitcoin's Nakamoto consensus; the most damaging ones are selfish mining, double-spending, and consistency delay attacks. These attacks have one common cause: block…

密码学与安全 · 计算机科学 2023-12-04 Jianyu Niu , Fangyu Gai , Runchao Han , Ren Zhang , Yinqian Zhang , Chen Feng

Mining attacks allow adversaries to obtain a disproportionate share of the mining reward by deviating from the honest mining strategy in the Bitcoin system. Among them, the most well-known are selfish mining (SM), block withholding (BWH),…

计算机科学与博弈论 · 计算机科学 2023-05-15 Junjie Hu , Chunxiang Xu , Zhe Jiang , Jiwu Cao

The digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

量子物理 · 物理学 2020-09-28 Jonathan Jogenfors

In the area of blockchain, numerous methods have been proposed for suppressing intentional forks by attackers more effectively than the random rule. However, all of them, except for the random rule, require major updates, rely on a trusted…

密码学与安全 · 计算机科学 2025-01-03 Akira Sakurai , Kazuyuki Shudo

Many of today's crypto currencies use blockchains as decentralized ledgers and secure them with proof of work. In case of a fork of the chain, Bitcoin's rule for achieving consensus is selecting the longest chain and discarding the other…

密码学与安全 · 计算机科学 2018-08-13 Fabian Ritz , Alf Zugenmaier

Cryptocurrency achieves distributed consensus using proof of work (PoW). Prior research in blockchain security identified financially incentivized attacks based on withholding blocks which have the attacker compromise a victim pool and pose…

密码学与安全 · 计算机科学 2020-09-01 Sang-Yoon Chang

Proof-of-Work (PoW) is a Sybil control mechanism adopted in blockchain-based cryptocurrencies. It prevents the attempt of malicious actors to manipulate distributed ledgers. Bitcoin has successfully suppressed double-spending by accepting…

密码学与安全 · 计算机科学 2022-08-31 Suhyeon Lee , Donghwan Lee , Seungjoo Kim

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

密码学与安全 · 计算机科学 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Bitcoin constructs temporal order internally rather than synchronizing to any external clock. Empirical evidence shows that its time evolution is non-continuous, probabilistic, and self-regulated. Block discovery follows a stochastic…

密码学与安全 · 计算机科学 2025-11-20 Bin Chen

Mining processes of Bitcoin and similar cryptocurrencies are currently incentivized with voluntary transaction fees and fixed block rewards which will halve gradually to zero. In the setting where optional and arbitrary transaction fee…

密码学与安全 · 计算机科学 2022-07-14 Tiantian Gong , Mohsen Minaei , Wenhai Sun , Aniket Kate
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