Selfish mining is a deceitful cryptocurrency mining strategy in which one miner or a group solves a hash, opens a new block, and withholds it from the public blockchain. This action creates a fork, which is then mined to get ahead of the public blockchain.
Jan 6, 2020 · This is an attempt to analyze selfish mining in a competitive environment, where there are more than one selfish miners in play. To do so, we ...
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This is an attempt to analyze selfish mining in a competitive environment, where there are more than one selfish miners in play. To do so, we created a Bitcoin ...
[PDF] Competitive Selfish Bitcoin Mining - (UNB) computer science
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Bitcoin mining is the process of generating new blocks in Bitcoin blockchain. This process is itself vulnerable to different types of attacks.
Mar 15, 2024 · We propose a statistical test to analyse each miner's behaviour in five popular cryptocurrencies: Bitcoin, Litecoin, Monacoin, Ethereum and Bitcoin Cash.
Selfish Mining is one method of cryptocurrency mining where a group of miners joins together to maximise their profits and gain control of the main blockchain.
Oct 15, 2023 · The goal of selfish mining is to gain an unfair advantage over other miners and increase the attacker's chances of earning more mining rewards.
This work created a Bitcoin network simulator and used it to simulate different configurations of miners to simulate selfish mining, and showed that in ...
Selfish mining is a blockchain mining strategy where a miner withholds mined blocks from the public blockchain to gain a competitive advantage. By ...
In this article, we analyze selfish mining across mining pools and provide a countermeasure against these attacks.