Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor sho...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-09-01
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| Series: | Sensors |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1424-8220/21/19/6408 |
| _version_ | 1827680554305191936 |
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| author | Mikolaj Karpinski Lyudmila Kovalchuk Roman Kochan Roman Oliynykov Mariia Rodinko Lukasz Wieclaw |
| author_facet | Mikolaj Karpinski Lyudmila Kovalchuk Roman Kochan Roman Oliynykov Mariia Rodinko Lukasz Wieclaw |
| author_sort | Mikolaj Karpinski |
| collection | DOAJ |
| description | Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor should wait after a correspondent transaction before sending goods or services. |
| first_indexed | 2024-03-10T06:52:18Z |
| format | Article |
| id | doaj.art-a07b5eebec134a59937681a54f12a5e3 |
| institution | Directory Open Access Journal |
| issn | 1424-8220 |
| language | English |
| last_indexed | 2024-03-10T06:52:18Z |
| publishDate | 2021-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Sensors |
| spelling | doaj.art-a07b5eebec134a59937681a54f12a5e32023-11-22T16:45:40ZengMDPI AGSensors1424-82202021-09-012119640810.3390/s21196408Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake ConsensusMikolaj Karpinski0Lyudmila Kovalchuk1Roman Kochan2Roman Oliynykov3Mariia Rodinko4Lukasz Wieclaw5Department of Computer Science and Automatics, University of Bielsko-Biala, 43-309 Bielsko-Biala, PolandIOHK, Singapore 049908, SingaporeDepartment of Computer Science and Automatics, University of Bielsko-Biala, 43-309 Bielsko-Biala, PolandIOHK, Singapore 049908, SingaporeIOHK, Singapore 049908, SingaporeDepartment of Computer Science and Automatics, University of Bielsko-Biala, 43-309 Bielsko-Biala, PolandTwo double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor should wait after a correspondent transaction before sending goods or services.https://www.mdpi.com/1424-8220/21/19/6408blockchainconsensus protocolproof-of-stakeforkdouble spend attack |
| spellingShingle | Mikolaj Karpinski Lyudmila Kovalchuk Roman Kochan Roman Oliynykov Mariia Rodinko Lukasz Wieclaw Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus Sensors blockchain consensus protocol proof-of-stake fork double spend attack |
| title | Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus |
| title_full | Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus |
| title_fullStr | Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus |
| title_full_unstemmed | Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus |
| title_short | Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus |
| title_sort | blockchain technologies probability of double spend attack on a proof of stake consensus |
| topic | blockchain consensus protocol proof-of-stake fork double spend attack |
| url | https://www.mdpi.com/1424-8220/21/19/6408 |
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