Stochastic Modelling of Selfish Mining in Proof-of-Work Protocols

In blockchain-based systems whose consensus mechanisms resort to Proof-of-Work (PoW), it is expected that a miner’s share of total block revenue is proportional to their share of hashing power with respect to the rest of the network. The protocol relies on the immediate broadcast of blocks by miners...

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Bibliographic Details
Main Authors: Caspar Schwarz-Schilling, Sheng-Nan Li, Claudio J. Tessone
Format: Article
Language:English
Published: MDPI AG 2022-05-01
Series:Journal of Cybersecurity and Privacy
Subjects:
Online Access:https://www.mdpi.com/2624-800X/2/2/16