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We calculate the probability of success of block-hiding mining strategies in Bitcoin-like networks. These strategies involve building a secret branch of the block-tree and publishing it opportunistically, aiming to replace the top of the…

密码学与安全 · 计算机科学 2014-02-19 Assaf Shomer

We study an auction with $m$ identical items in a context where $n$ agents can arbitrarily commit to strategies. In general, such commitments non-trivially change the equilibria by inducing a metagame of choosing which strategies to commit…

计算机科学与博弈论 · 计算机科学 2023-05-04 Daji Landis , Nikolaj I. Schwartzbach

Strategic mining attacks, such as selfish mining, exploit blockchain consensus protocols by deviating from honest behavior to maximize rewards. Markov Decision Process (MDP) analysis faces scalability challenges in modern digital economics,…

机器学习 · 计算机科学 2025-02-26 Jichen Li , Lijia Xie , Hanting Huang , Bo Zhou , Binfeng Song , Wanying Zeng , Xiaotie Deng , Xiao Zhang

As time progresses, the need for more secure applications grows exponentially. The different types of sensitive information that is being transferred virtually has sparked a rise in systems that leverage blockchain. Different sectors are…

密码学与安全 · 计算机科学 2024-01-04 Myles Lewis , Chris Crawford

Payment channel networks provide a fast and scalable solution to relay funds, acting as a second layer to slower and less scalable blockchain protocols. In this paper, we present an accessible, low-cost attack in which the attacker…

密码学与安全 · 计算机科学 2021-02-02 Ayelet Mizrahi , Aviv Zohar

Trading on decentralized exchanges has been one of the primary use cases for permissionless blockchains with daily trading volume exceeding billions of U.S.~dollars. In the status quo, users broadcast transactions and miners are responsible…

计算机科学与博弈论 · 计算机科学 2023-10-31 Matheus V. X. Ferreira , David C. Parkes

We compute the revenue ratio of the Trail Stubborn mining strategy in the Bitcoin network and compare its profitability to other block-withholding strategies. We use for this martingale techniques and a classical analysis of the hiker…

密码学与安全 · 计算机科学 2018-11-26 Cyril Grunspan , Ricardo Pérez-Marco

BitCoin transactions are malleable in a sense that given a transaction an adversary can easily construct an equivalent transaction which has a different hash. This can pose a serious problem in some BitCoin distributed contracts in which…

密码学与安全 · 计算机科学 2013-12-12 Marcin Andrychowicz , Stefan Dziembowski , Daniel Malinowski , Łukasz Mazurek

As cross-chain technologies make the interactions among different blockchains (hereinafter "chains") possible, multi-chains consensus is becoming more and more important in blockchain networks. However, more attention has been paid to the…

密码学与安全 · 计算机科学 2021-11-03 Wenbo Zhang , Tao Wang , Jingyu Feng

Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

密码学与安全 · 计算机科学 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

In this paper we propose a double-linked blockchain data structure that greatly improves blockchain performance and guarantees single chain with no forks. Additionally, with the proposed proof-of-refundable-tax (PoRT) consensus algorithm,…

密码学与安全 · 计算机科学 2024-09-04 Zheng-Xun Jiang , Ren-Song Tsay

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

Industrial processes rely on sensory data for decision-making processes, risk assessment, and performance evaluation. Extracting actionable insights from the collected data calls for an infrastructure that can ensure the dissemination of…

密码学与安全 · 计算机科学 2023-05-22 Sabah Suhail , Rasheed Hussain , Raja Jurdak , Alma Oracevic , Khaled Salah , Raimundas Matulevičius , Choong Seon Hong

Systems and blockchains often have security vulnerabilities and can be attacked by adversaries, with potentially significant negative consequences. Therefore, infrastructure providers increasingly rely on bug bounty programs, where external…

理论经济学 · 经济学 2023-09-06 Hans Gersbach , Akaki Mamageishvili , Fikri Pitsuwan

The resource-consuming mining of blocks on a blockchain equipped with a proof of work consensus protocol bears the risk of ruin, namely when the operational costs for the mining exceed the received rewards. In this paper we investigate to…

密码学与安全 · 计算机科学 2021-09-08 Hansjoerg Albrecher , Dina Finger , Pierre-Olivier Goffard

Data poisoning is one of the most relevant security threats against machine learning and data-driven technologies. Since many applications rely on untrusted training data, an attacker can easily craft malicious samples and inject them into…

密码学与安全 · 计算机科学 2021-12-01 Nicolas M. Müller , Simon Roschmann , Konstantin Böttinger

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

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

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

As distributed ledgers, blockchains run consensus protocols which trade capacity for consistency, especially in non-ideal networks with incomplete connectivity and erroneous links. Existing studies on the tradeoff between capacity and…

密码学与安全 · 计算机科学 2021-06-29 Xu Wang , Wei Ni , Xuan Zha , Guangsheng Yu , Ren Ping Liu , Nektarios Georgalas , Andrew Reeves