Yet another note on block withholding attack on bitcoin mining pools

Samiran Bag, Kouichi Sakurai

研究成果: Chapter in Book/Report/Conference proceedingConference contribution

21 被引用数 (Scopus)

抄録

In this paper we provide a short quantitative analysis of Bit- coin Block Withholding (BWH) Attack. In this study, we investigate the incentive earned by a miner who either independently or at the diktat of a separate mining pool launches Block Withholding attack on a target mining pool. The victim pool shares its earned revenue with the rogue attacker. We investigate the property revenue function of the attacker and find parameters that could maximize the gain of the attacker. We then propose a new concept that we call “special reward”. This spe- cial rewarding scheme is aimed at discouraging the attackers by grant- ing additional incentive to a miner who actually finds a block. A BWH attacker who never submits a valid block to the pool will be deprived from this special reward and her gain will be less than her expectation. Depending upon the actual monetary value of the special reward a pool can significantly reduce the revenue of a BWH attacker and thus can even ward off the threat of an attack.

本文言語英語
ホスト出版物のタイトルInformation Security - 19th International Conference, ISC 2016, Proceedings
編集者Matt Bishop, Anderson C.A. Nascimento
出版社Springer Verlag
ページ167-180
ページ数14
ISBN(印刷版)9783319458700
DOI
出版ステータス出版済み - 2016
イベント19th Annual International Conference on Information Security, ISC 2016 - Honolulu, 米国
継続期間: 9 3 20169 6 2016

出版物シリーズ

名前Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
9866 LNCS
ISSN(印刷版)0302-9743
ISSN(電子版)1611-3349

その他

その他19th Annual International Conference on Information Security, ISC 2016
国/地域米国
CityHonolulu
Period9/3/169/6/16

All Science Journal Classification (ASJC) codes

  • 理論的コンピュータサイエンス
  • コンピュータ サイエンス(全般)

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