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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

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

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 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

Currently, miners typically join mining pools to solve cryptographic puzzles together, and mining pools are in high competition. This has led to the development of several attack strategies such as block withholding (BWH) and fork after…

密码学与安全 · 计算机科学 2019-09-02 Yujin Kwon , Hyoungshick Kim , Yung Yi , Yongdae Kim

Mining attacks enable an adversary to procure a disproportionately large portion of mining rewards by deviating from honest mining practices within the PoW-based blockchain system. In this paper, we demonstrate that the security…

密码学与安全 · 计算机科学 2025-05-12 Junjie Hu , Na Ruan

We consider the block withholding attacks on pools, more specifically the state-of-the-art Power Adjusting Withholding (PAW) attack. We propose a generalization called Temporary PAW (T-PAW) where the adversary withholds a fPoW from pool…

密码学与安全 · 计算机科学 2026-05-20 Mustafa Doger , Sennur Ulukus

Bitcoin's (BTC) Difficulty Adjustment Algorithm (DAA) has been a source of vulnerability for incentive attacks such as selfish mining, block withholding and coin hopping strategies. In this paper, first, we rigorously study the short-term…

密码学与安全 · 计算机科学 2026-03-24 Mustafa Doger , Sennur Ulukus

The consensus protocol named proof of work (PoW) is widely applied by cryptocurrencies like Bitcoin. Although security of a PoW cryptocurrency is always the top priority, it is threatened by mining attacks like selfish mining. Researchers…

密码学与安全 · 计算机科学 2019-07-09 Hanqing Liu , Na Ruan , Joseph K. Liu

An open distributed system can be secured by requiring participants to present proof of work and rewarding them for participation. The Bitcoin digital currency introduced this mechanism, which is adopted by almost all contemporary digital…

密码学与安全 · 计算机科学 2014-12-01 Ittay Eyal

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's security relies on its Proof-of-Work consensus, where miners solve puzzles to propose blocks. The puzzle's difficulty is set by the difficulty adjustment mechanism (DAM), based on the network's available mining power. Attacks that…

密码学与安全 · 计算机科学 2025-02-12 Roozbeh Sarenche , Svetla Nikova , Bart Preneel

Selfish miners selectively withhold blocks to earn disproportionately high revenue. The vast majority of the selfish mining literature focuses exclusively on block rewards. Carlsten et al. [2016] is a notable exception, observing that…

计算机科学与博弈论 · 计算机科学 2025-08-11 Maryam Bahrani , Michael Neuder , S. Matthew Weinberg

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

This paper studies a fundamental problem regarding the security of blockchain PoW consensus on how the existence of multiple misbehaving miners influences the profitability of selfish mining. Each selfish miner (or attacker interchangeably)…

密码学与安全 · 计算机科学 2023-04-04 Qianlan Bai , Yuedong Xu , Nianyi Liu , Xin Wang

The selfish mining attack, arguably the most famous game-theoretic attack in blockchain, indicates that the Bitcoin protocol is not incentive-compatible. Most subsequent works mainly focus on strengthening the selfish mining strategy, thus…

计算机科学与博弈论 · 计算机科学 2022-02-21 Mengqian Zhang , Yuhao Li , Jichen Li , Chaozhe Kong , Xiaotie Deng

Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…

密码学与安全 · 计算机科学 2024-11-12 Dinitha Wijewardhana , Sugandima Vidanagamachchi , Nalin Arachchilage

We study selfish mining in Ethereum. The problem is combinatorially more complex than in Bitcoin because of major differences in the reward system and a different difficulty adjustment formula. Equivalent strategies in Bitcoin do have…

密码学与安全 · 计算机科学 2019-05-01 Cyril Grunspan , Ricardo Pérez-Marco

Mining is the important part of the blockchain used the proof of work (PoW) on its consensus, looking for the matching block through testing a number of hash calculations. In order to attract more hash computing power, the miner who finds…

密码学与安全 · 计算机科学 2021-04-01 Muchuang Hu , Jiahui Chen , Wensheng Gan , Chien-Ming Chen

Eyal and Sirer's selfish mining strategy has demonstrated that Bitcoin system is not secure even if 50% of total mining power is held by altruistic miners. Since then, researchers have been investigating either to improve the efficiency of…

多智能体系统 · 计算机科学 2018-02-08 Tin Leelavimolsilp , Long Tran-Thanh , Sebastian Stein
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