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Cryptographic Self-Selection is a common primitive underlying leader-selection for Proof-of-Stake blockchain protocols. The concept was first popularized in Algorand [CM19], who also observed that the protocol might be manipulable. [FHWY22]…

计算机科学与博弈论 · 计算机科学 2024-07-25 Linda Cai , Jingyi Liu , S. Matthew Weinberg , Chenghan Zhou

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

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

Incentive mechanisms are central to the functionality of permissionless blockchains: they incentivize participants to run and secure the underlying consensus protocol. Designing incentive-compatible incentive mechanisms is notoriously…

密码学与安全 · 计算机科学 2020-08-06 Charlie Hou , Mingxun Zhou , Yan Ji , Phil Daian , Florian Tramer , Giulia Fanti , Ari Juels

What are the optimal times for an Internet of Things (IoT) device to act as a blockchain miner? The aim is to minimize the energy consumed by low-power IoT devices that log their data into a secure (tamper-proof) distributed ledger. We…

密码学与安全 · 计算机科学 2023-08-21 Anurag Gupta , Vikram Krishnamurthy

This work applies reinforcement learning (RL) from the AI machine learning field to derive an optimal Bitcoin-like blockchain mining strategy without knowing the details of the blockchain network model. Previously, the most profitable…

密码学与安全 · 计算机科学 2021-01-07 Taotao Wang , Soung Chang Liew , Shengli Zhang

In this paper, we address the critical challenges of double-spending and selfish mining attacks in blockchain-based digital currencies. Double-spending is a problem where the same tender is spent multiple times during a digital currency…

密码学与安全 · 计算机科学 2024-03-11 Seyed Ardalan Ghoreishi , Mohammad Reza Meybodi

Understanding the strategic behavior of miners in a blockchain is of great importance for its proper operation. A common model for mining games considers an infinite time horizon, with players optimizing asymptotic average objectives.…

计算机科学与博弈论 · 计算机科学 2021-07-21 Alejandro Jofré , Angel Pardo , David Salas , Victor Verdugo , José Verschae

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

It has been known for some time that the Nakamoto consensus as implemented in the Bitcoin protocol is not totally aligned with the individual interests of the participants. More precisely, it has been shown that block withholding mining…

密码学与安全 · 计算机科学 2025-02-07 Cyril Grunspan , Ricardo Perez-Marco

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

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

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

Bitcoin-NG is an extensible blockchain protocol based on the same trust model as Bitcoin. It divides each epoch into one Key-Block and multiple Micro-Blocks, effectively improving transaction processing capacity. Bitcoin-NG adopts a special…

密码学与安全 · 计算机科学 2023-06-07 Junjie Hu , Zhe Jiang , Chunxiang Xu

In blockchain-based order book systems, buyers and sellers trade assets, while it is miners to match them and include their transactions in the blockchain. It is found that many miners behave selfishly and myopically, prioritizing…

计算机科学与博弈论 · 计算机科学 2025-01-23 Yunshu Liu , Lingjie Duan

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

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 describe and analyze perishing mining, a novel block-withholding mining strategy that lures profit-driven miners away from doing useful work on the public chain by releasing block headers from a privately maintained chain. We then…

密码学与安全 · 计算机科学 2023-02-10 Tong Cao , Jérémie Decouchant , Jiangshan Yu

In this paper, we propose a novel dynamic decision method by applying the sensitivity-based optimization theory to find the optimal energy-efficient policy of a data center with two groups of heterogeneous servers. Servers in Group 1 always…

最优化与控制 · 数学 2018-08-27 Jing-Yu Ma , Li Xia , Quan-Lin Li

As the core technology behind Bitcoin, Blockchain's decentralized, tamper-proof, and traceable features make it the preferred platform for organizational innovation. In current Bitcoin, block reward is halved every four years, and…

密码学与安全 · 计算机科学 2022-02-22 Xiongfei Zhao , Yain-Whar Si