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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

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

In this paper, we provide a new theoretical framework of pyramid Markov processes to solve some open and fundamental problems of blockchain selfish mining under a rigorous mathematical setting. We first describe a more general model of…

密码学与安全 · 计算机科学 2021-09-14 Quan-Lin Li , Yan-Xia Chang , Xiaole Wu , Guoqing Zhang

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

We study selfish mining attacks in longest-chain blockchains like Bitcoin, but where the proof of work is replaced with efficient proof systems -- like proofs of stake or proofs of space -- and consider the problem of computing an optimal…

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

Bitcoin and Ethereum are the top two blockchain-based cryptocurrencies whether from cryptocurrency market cap or popularity. However, they are vulnerable to selfish mining and stubborn mining due to that both of them adopt Proof-of-Work…

密码学与安全 · 计算机科学 2021-12-07 Runkai Yang , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić

Mining blocks on a blockchain equipped with a proof of work consensus protocol is well-known to be resource-consuming. A miner bears the operational cost, mainly electricity consumption and IT gear, of mining, and is compensated by a…

密码学与安全 · 计算机科学 2020-10-27 Hansjoerg Albrecher , Pierre-Olivier Goffard

We review the so called selfish mining strategy in the Bitcoin network and compare its profitability to honest mining.We build a rigorous profitability model for repetition games. The time analysis of the attack has been ignored in the…

计算机科学与博弈论 · 计算机科学 2019-01-23 Cyril Grunspan , Ricardo Pérez-Marco

The Bitcoin cryptocurrency has received much attention recently. In the network of Bitcoin, transactions are recorded in a ledger. In this network, the process of recording transactions depends on some nodes called miners that execute a…

密码学与安全 · 计算机科学 2023-02-15 Ali Nikhalat-Jahromi , Ali Mohammad Saghiri , Mohammad Reza Meybodi

Proof-of-Work blockchain, despite its numerous benefits, is still not an entirely secure technology due to the existence of Selfish Mining (SM) strategies that can disrupt the system and its mining economy. While the effect of SM has been…

密码学与安全 · 计算机科学 2019-10-08 Tin Leelavimolsilp , Long Tran-Thanh , Sebastian Stein , Viet Hung Nguyen

Selfish Mining is strategic rule-breaking to maximize rewards in proof-of-work protocols [3] and Markov Decision Processes (MDPs) are the preferred tool for finding optimal strategies in Bitcoin [4, 10] and similar linear chain protocols…

密码学与安全 · 计算机科学 2024-05-01 Patrik Keller

Bitcoin is a decentralized crypto-currency, and an accompanying protocol, created in 2008. Bitcoin nodes continuously generate and propagate blocks---collections of newly approved transactions that are added to Bitcoin's ledger. Block…

密码学与安全 · 计算机科学 2015-07-24 Ayelet Sapirshtein , Yonatan Sompolinsky , Aviv Zohar

Selfish mining is strategic rule-breaking to maximize rewards in proof-of-work protocols. Markov Decision Processes (MDPs) are the preferred tool for finding optimal strategies in Bitcoin and similar linear chain protocols. Protocols…

密码学与安全 · 计算机科学 2025-06-24 Patrik Keller

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

With rapid development of blockchain technology as well as integration of various application areas, performance evaluation, performance optimization, and dynamic decision in blockchain systems are playing an increasingly important role in…

性能 · 计算机科学 2022-11-30 Quan-Lin Li , Yan-Xia Chang , Qing Wang

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

In the context of the `selfish-mine' strategy proposed by Eyal and Sirer, we study the effect of propagation delay on the evolution of the Bitcoin blockchain. First, we use a simplified Markov model that tracks the contrasting states of…

密码学与安全 · 计算机科学 2015-05-22 Johannes Göbel , Paul Keeler , Anthony E. Krzesinski , Peter G. Taylor

Blockchain security is threatened by selfish mining, where a miner (operator) deviates from the protocol to increase their revenue. Selfish mining is exacerbated by adverse conditions: rushing (network propagation advantage for the selfish…

密码学与安全 · 计算机科学 2025-11-27 Roi Bar-Zur , Aviv Tamar , Ittay Eyal

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
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