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    ARTICLE

    Selfish Mining and Defending Strategies in the Bitcoin

    Weijian Zhang1,*, Hao Wang2, Hao Hua3, Qirun Wang4

    Intelligent Automation & Soft Computing, Vol.34, No.3, pp. 1861-1875, 2022, DOI:10.32604/iasc.2022.030274 - 25 May 2022

    Abstract As a kind of distributed, decentralized and peer-to-peer transmitted technology, blockchain technology has gradually changed people’s lifestyle. However, blockchain technology also faces many problems including selfish mining attack, which causes serious effects to the development of blockchain technology. Selfish mining is a kind of mining strategy where selfish miners increase their profit by selectively publishing hidden blocks. This paper builds the selfish mining model from the perspective of node state conversion and utilize the function extremum method to figure out the optimal profit of this model. Meanwhile, based on the experimental data of honest mining, More >

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