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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

In the Bitcoin system, participants are rewarded for solving cryptographic puzzles. In order to receive more consistent rewards over time, some participants organize mining pools and split the rewards from the pool in proportion to each…

密码学与安全 · 计算机科学 2023-09-14 Yujin Kwon , Dohyun Kim , Yunmok Son , Eugene Vasserman , Yongdae Kim

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

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

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

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

Proof-of-work (PoW) cryptocurrency blockchains like Bitcoin secure vast amounts of money. Their operators, called miners, expend resources to generate blocks and receive monetary rewards for their effort. Blockchains are, in principle,…

密码学与安全 · 计算机科学 2020-11-06 Michael Mirkin , Yan Ji , Jonathan Pang , Ariah Klages-Mundt , Ittay Eyal , Ari Juels

Mining attacks aim to gain an unfair share of extra rewards in the blockchain mining. Selfish mining can preserve discovered blocks and strategically release them, wasting honest miners' computing resources and getting higher profits.…

密码学与安全 · 计算机科学 2024-04-09 Jiaping Yu , Shang Gao , Rui Song , Zhiping Cai , Bin Xiao

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

Mining blocks in a blockchain using the \textit{Proof-of-Work} consensus protocol involves significant risk, as network participants face continuous operational costs while earning infrequent capital gains upon successfully mining a block.…

密码学与安全 · 计算机科学 2025-11-19 Pierre-Olivier Goffard , Hansjoerg Albrecher , Jean-Pierre Fouque

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

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

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

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

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

Proof-of-Work mining is intended to provide blockchains with robustness against double-spend attacks. However, an economic analysis that follows from Budish (2018), which considers free entry conditions together with the ability to rent…

密码学与安全 · 计算机科学 2020-02-26 Daniel J. Moroz , Daniel J. Aronoff , Neha Narula , David C. Parkes

Bitcoin was recently introduced as a peer-to-peer electronic currency in order to facilitate transactions outside the traditional financial system. The core of Bitcoin, the Blockchain, is the history of the transactions in the system…

密码学与安全 · 计算机科学 2017-05-04 Siamak Solat , Maria Potop-Butucaru

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

Proof-of-work (PoW) cryptocurrencies rely on a balance of security and fairness in order to maintain a sustainable ecosystem of miners and users. Users demand fast and consistent transaction confirmation, and in exchange drive the adoption…

密码学与安全 · 计算机科学 2023-06-22 Patrik Keller , Ben Glickenhaus , George Bissias , Gregory Griffith
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