arXiv Open Access 2023

Majority is not Needed: A Counterstrategy to Selfish Mining

Jonathan Gal Maytal B Szabo Ori Rottenstreich
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Abstrak

In the last few years several papers investigated selfish mine attacks, most of which assumed that every miner that is not part of the selfish mine pool will continue to mine honestly. However, in reality, remaining honest is not always incentivized, particularly when another pool is employing selfish mining or other deviant strategies. In this work we explore the scenario in which a large enough pool capitalises on another selfish pool to gain 100\% of the profit and commit double spending attacks. We show that this counterstrategy can effectively counter any deviant strategy, and that even the possibility of it discourages other pools from implementing deviant strategies.

Topik & Kata Kunci

Penulis (3)

J

Jonathan Gal

M

Maytal B Szabo

O

Ori Rottenstreich

Format Sitasi

Gal, J., Szabo, M.B., Rottenstreich, O. (2023). Majority is not Needed: A Counterstrategy to Selfish Mining. https://arxiv.org/abs/2304.06313

Akses Cepat

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Informasi Jurnal
Tahun Terbit
2023
Bahasa
en
Sumber Database
arXiv
Akses
Open Access ✓