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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

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

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

Bitcoin mining presents a significant economic incentive for efficient hashing and broadcast of data, both parameters stemming from the Proofs of Work used to advance the network. This incentive has led to the development of Bitcoin…

密码学与安全 · 计算机科学 2016-03-17 Jonathan Harvey-Buschel , Can Kisagun

GHOST, like the longest-chain protocol, is a chain selection protocol and its capability in resisting selfish mining attack has been validated in imperfect blockchains of Bitcoin and its variants (Bitcoin-like). This paper explores an…

密码学与安全 · 计算机科学 2023-02-02 Haoran Zhu , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić , Lei Han , Zhi Chen

Our aim in this paper is to investigate the profitability of double-spending (DS) attacks that manipulate an a priori mined transaction in a blockchain. It was well understood that a successful DS attack is established when the proportion…

密码学与安全 · 计算机科学 2020-10-15 Jehyuk Jang , Heung-No Lee

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

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

密码学与安全 · 计算机科学 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

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

The energy sustainability of blockchains, whose consensus protocol rests on the Proof-of-Work, nourishes a heated debate. The underlying issue lies in a highly energy-consuming process, defined as mining, required to validate crypto-asset…

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

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-Stake blockchains based on a longest-chain consensus protocol are an attractive energy-friendly alternative to the Proof-of-Work paradigm. However, formal barriers to "getting the incentives right" were recently discovered, driven…

计算机科学与博弈论 · 计算机科学 2023-10-31 Matheus V. X. Ferreira , S. Matthew Weinberg

Conventional double-spending attack models ignore the revenue losses stemming from the orphan blocks. On the other hand, selfish mining literature usually ignores the chance of the attacker to double-spend at no-cost in each attack cycle.…

密码学与安全 · 计算机科学 2026-03-23 Mustafa Doger , Sennur Ulukus

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

We study a game-theoretic model of blockchain mining economies and show that griefing, a practice according to which participants harm other participants at some lesser cost to themselves, is a prevalent threat at its Nash equilibria. The…

计算机科学与博弈论 · 计算机科学 2021-06-24 Yun Kuen Cheung , Stefanos Leonardos , Georgios Piliouras , Shyam Sridhar

In the area of blockchain, numerous methods have been proposed for suppressing intentional forks by attackers more effectively than the random rule. However, all of them, except for the random rule, require major updates, rely on a trusted…

密码学与安全 · 计算机科学 2025-01-03 Akira Sakurai , Kazuyuki Shudo

This work proposes a novel proof-of-work blockchain incentive scheme such that, barring exogenous motivations, following the protocol is guaranteed to be the optimal strategy for miners. Our blockchain takes the form of a directed acyclic…

密码学与安全 · 计算机科学 2022-06-22 Jakub Sliwinski , Roger Wattenhofer

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

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