TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Majority is not Enough: Bitcoin Mining is Vulnerable∗ [pdf]

2 pointsby alokraialmost 7 years ago

2 comments

jraedischalmost 7 years ago
"When the selfish miner pool finds a block, it is in an advantageous position with a single block lead on the public branch on which the honest miners operate. Instead of naively publishing this private block and notifying the rest of the miners of the newly discovered block, selfish miners keep this block private to the pool. There are two outcomes possible at this point: either the honest miners discover a new block on the public branch, nullifying the pool’s lead, or else the pool mines a second block and extends its lead on the honest miners."
jraedischalmost 7 years ago
It is from 2013 <a href="https:&#x2F;&#x2F;arxiv.org&#x2F;abs&#x2F;1311.0243" rel="nofollow">https:&#x2F;&#x2F;arxiv.org&#x2F;abs&#x2F;1311.0243</a>