The effect of propagation delay on the dynamic evolution of the Bitcoin blockchain
This paper analyzes the selfish-mine strategy in the Bitcoin blockchain introduced in 2013 by I. Eyal and E. G. Sirer. This strategy could be used by a colluding pool of miners to earn more than their fair share of the mining revenue and in consequence to force other honest miners to join them to de...
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Format: | Article |
Language: | English |
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KeAi Communications Co., Ltd.
2020-05-01
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Series: | Digital Communications and Networks |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2352864818300373 |