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One of the most important features of blockchain protocols is decentralization, as their main contribution is that they formulate a distributed ledger that will be maintained and extended without the need of a trusted party. Bitcoin has…

密码学与安全 · 计算机科学 2023-07-25 Aikaterini-Panagiota Stouka , Thomas Zacharias

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

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

This paper studies a fundamental problem regarding the security of blockchain on how the existence of multiple misbehaving pools influences the profitability of selfish mining. Each selfish miner maintains a private chain and makes it…

密码学与安全 · 计算机科学 2018-11-21 Qianlan Bai , Xinyan Zhou , Xing Wang , Yuedong Xu , Xin Wang , Qingsheng Kong

Bitcoin-NG, a scalable blockchain protocol, divides each block into a key block and many micro blocks to effectively improve the transaction processing capacity. Bitcoin-NG has a special incentive mechanism (i.e. splitting transaction fees…

密码学与安全 · 计算机科学 2020-06-23 Taotao Wang , Xiaoqian Bai , Hao Wang , Soung Chang Liew , Shengli Zhang

The aim of this work is to enhance blockchain security by deepening the understanding of selfish mining attacks in various consensus protocols, especially the ones that have the potential to mitigate selfish mining. Previous research was…

密码学与安全 · 计算机科学 2026-01-07 Martin Perešíni , Tomáš Hladký , Jakub Kubík , Ivan Homoliak

Proof-of-Work is a consensus algorithm where miners solve cryptographic puzzles to mine blocks and obtain a reward through some Block Reward Mechanism (BRM). PoW blockchain faces the problem of centralization due to the formation of mining…

计算机科学与博弈论 · 计算机科学 2024-01-18 Varul Srivastava , Sujit Gujar

We describe and analyze perishing mining, a novel block-withholding mining strategy that lures profit-driven miners away from doing useful work on the public chain by releasing block headers from a privately maintained chain. We then…

密码学与安全 · 计算机科学 2023-02-10 Tong Cao , Jérémie Decouchant , Jiangshan Yu

We study the incentives behind double-spend attacks on Nakamoto-style Proof-of-Work cryptocurrencies. In these systems, miners are allowed to choose which transactions to reference with their block, and a common strategy for selecting…

计算机科学与博弈论 · 计算机科学 2023-12-14 Yanni Georghiades , Rajesh Mishra , Karl Kreder , Sriram Vishwanath

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

Bitcoin mining is a wasteful and resource-intensive process. To add a block of transactions to the blockchain, miners spend a considerable amount of energy. The Bitcoin protocol, named 'proof of work' (PoW), resembles a lottery and the…

分布式、并行与集群计算 · 计算机科学 2020-01-28 Andrei Lihu , Jincheng Du , Igor Barjaktarevic , Patrick Gerzanics , Mark Harvilla

In the last few years several papers investigated selfish mine attacks, most of which assumed that every miner that is not part of the selfish mine pool will continue to mine honestly. However, in reality, remaining honest is not always…

密码学与安全 · 计算机科学 2025-05-14 Jonathan Gal , Maytal B Szabo , Ori Rottenstreich

In cryptocurrencies, the block reward is meant to serve as the incentive mechanism for miners to commit resources to create blocks and in effect secure the system. Existing systems primarily divide the reward in proportion to expended…

计算机科学与博弈论 · 计算机科学 2021-03-24 Lucianna Kiffer , Rajmohan Rajaraman

Several attacks have been proposed against Proof-of-Work blockchains, which may increase the attacker's share of mining rewards (e.g., selfish mining, block withholding). A further impact of such attacks, which has not been considered in…

密码学与安全 · 计算机科学 2021-03-16 Yoko Shibuya , Go Yamamoto , Fuhito Kojima , Elaine Shi , Shin'ichiro Matsuo , Aron Laszka

In this paper, we review the undercutting attacks in the transaction-fee-based regime of proof-of-work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on the problem of fluctuations in mining revenue and the mining…

密码学与安全 · 计算机科学 2023-02-13 Rastislav Budinský , Ivan Homoliak , Ivana Stančíková

Seminal work of Eyal and Sirer (2014) establishes that a strategic Bitcoin miner may strictly profit by deviating from the intended Bitcoin protocol, using a strategy now termed *selfish mining*. More specifically, any miner with $>1/3$ of…

计算机科学与博弈论 · 计算机科学 2024-02-06 Maryam Bahrani , S. Matthew Weinberg

Mining in proof-of-work blockchains has become an expensive affair requiring specialized hardware capable of executing several megahashes per second at huge electricity costs. Miners earn a reward each time they mine a block within the…

网络与互联网体系结构 · 计算机科学 2023-08-30 Arti Vedula , Abhishek Gupta , Shaileshh Bojja Venkatakrishnan

In a PoW-based blockchain network, mining pools (the solo miner could be regarded as a mining pool containing one miner) compete to successfully mine blocks to pursue rewards. Generally, the rewards include the fixed block subsidies and…

计算机科学与博弈论 · 计算机科学 2021-10-20 Jinmian Chen , Yukun Cheng , Zhiqi Xu , Yan Cao

A proof of work (PoW) blockchain protocol distributes rewards to its participants, called miners, according to their share of the total computational power. Sufficiently large miners can perform selfish mining - deviate from the protocol to…

密码学与安全 · 计算机科学 2020-09-16 Roi Bar-Zur , Ittay Eyal , Aviv Tamar

Blockchain protocols incentivize participation through monetary rewards, assuming rational actors behave honestly to maximize their gains. However, attackers may attempt to harm others even at personal cost. These denial of profit attacks…

计算机科学与博弈论 · 计算机科学 2025-06-02 Arian Baloochestani , Leander Jehl