Selfish Mining Re-Examined

@inproceedings{Negy2020SelfishMR,
  title={Selfish Mining Re-Examined},
  author={Kevin Negy and P. Rizun and Emin G{\"u}n Sirer},
  booktitle={Financial Cryptography},
  year={2020}
}
  • Kevin Negy, P. Rizun, Emin Gün Sirer
  • Published in Financial Cryptography 2020
  • Computer Science
  • Six years after the introduction of selfish mining, its counterintuitive findings continue to create confusion. In this paper, we comprehensively address one particular source of misunderstandings, related to difficulty adjustments. We first present a novel, modified selfish mining strategy, called intermittent selfish mining, that, perplexingly, is more profitable than honest mining even when the attacker performs no selfish mining after a difficulty adjustment. Simulations show that even in… CONTINUE READING
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