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We introduce Auditable Proof-of-Work (APoW), a novel proof-of-work (PoW) construction inspired by Hashcash-style nonce searching, which enables the auditing of other miners' work through accountable re-scanning of the nonce space. The…

密码学与安全 · 计算机科学 2026-01-09 Sergio Demian Lerner

Selfish mining, which is an attack on the integrity of the Bitcoin network, was first proposed by Cornell researchers Emin Gun Sirer and Ittay Eyal in 2013. Selfish mining attack also exists in most Nakamoto consensus protocols. Generally…

网络与互联网体系结构 · 计算机科学 2018-09-18 Rui Tian , Wei Gong

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

We revisit the longstanding open problem of implementing Nakamoto's proof-of-work (PoW) consensus based on a real-world computational task $T(x)$ (as opposed to artificial random hashing), in a truly permissionless setting where the miner…

密码学与安全 · 计算机科学 2025-11-14 Ilan Komargodski , Omri Weinstein

We analyze Qubic's publicly claimed selfish mining attack against Monero in 2025. By combining measurements from Monero nodes, the Qubic pool API, and Qubic-network observations, we reconstruct Qubic-attributed blocks and effective hashrate…

密码学与安全 · 计算机科学 2026-02-03 Suhyeon Lee , Hyeongyeong Kim

Parallel Proof-of-Work (PoW) protocols have been suggested in the literature to improve the safety guarantees, transaction throughput and confirmation latencies of Nakamoto consensus. In this work, we first consider the existing parallel…

密码学与安全 · 计算机科学 2026-01-09 Mustafa Doger , Sennur Ulukus

Proof-of-work allows Bitcoin to boast security amidst arbitrary fluctuations in participation of miners throughout time, so long as, at any point in time, a majority of hash power is honest. In recent years, however, the pendulum has…

密码学与安全 · 计算机科学 2025-08-12 Yuval Efron , Joachim Neu , Toniann Pitassi

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

This paper opts to mitigate the energy-inefficiency of the Blockchain Proof-of-Work (PoW) consensus algorithm by rationally repurposing the power spent during the mining process. The original PoW mining scheme is designed to consider one…

密码学与安全 · 计算机科学 2020-07-09 Noureddine Lasla , Lina Alsahan , Mohamed Abdallah , Mohamed Younis

As the second largest cryptocurrency by market capitalization and today's biggest decentralized platform that runs smart contracts, Ethereum has received much attention from both industry and academia. Nevertheless, there exist very few…

密码学与安全 · 计算机科学 2021-07-13 Jianyu Niu , Chen Feng

Proof of Work (PoW) is a Sybil-deterrence security mechanism. It introduces an external cost to a system by requiring computational effort to perform actions. However, since its inception, a central challenge was to tune this cost. Initial…

密码学与安全 · 计算机科学 2021-08-05 Itay Tsabary , Alexander Spiegelman , Ittay Eyal

All public blockchains are secured by a proof of opportunity cost among block producers. For example, the security offered by proof-of-work (PoW) systems, like Bitcoin, is due to spent computation; it is work precisely because it cannot be…

计算机科学与博弈论 · 计算机科学 2019-08-27 George Bissias , Brian N. Levine , David Thibodeau

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

交易与市场微观结构 · 定量金融 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…

密码学与安全 · 计算机科学 2025-04-25 Rizwanul Haque , SM Tareq Aziz , Tahrim Hossain , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tariqul Islam

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

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

Miners play a key role in cryptocurrencies such as Bitcoin: they invest substantial computational resources in processing transactions and minting new currency units. It is well known that an attacker controlling more than half of the…

密码学与安全 · 计算机科学 2019-05-16 Matteo Romiti , Aljosha Judmayer , Alexei Zamyatin , Bernhard Haslhofer

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

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 present the new mining protocol Proof-of-Reputation (PoR) for decentralized Proof-of-Work (PoW) blockchains, in particular for Bitcoin. PoR combines the classical PoW with the new ingredient of cryptographic reputation. The same level of…

密码学与安全 · 计算机科学 2023-02-15 Cyril Grunspan , Ricardo Perez-Marco