REVIEW
A Jumping Mining Attack and Solution
Not yet reviewed by Pith; the record is open.
This paper has not been read by Pith yet. Machine review is queued; the pith claim, tier, and objections will appear here once it completes.
SPECIMEN: schema-true, not a live event
T0 review · schema-true
One-sentence machine reading of the paper's core claim.
pith:XXXXXXXX · record.json · timestamp
A Jumping Mining Attack and Solution
read the original abstract
Mining is the important part of the blockchain used the proof of work (PoW) on its consensus, looking for the matching block through testing a number of hash calculations. In order to attract more hash computing power, the miner who finds the proper block can obtain some rewards. Actually, these hash calculations ensure that the data of the blockchain is not easily tampered. Thus, the incentive mechanism for mining affects the security of the blockchain directly. This paper presents an approach to attack against the difficulty adjustment algorithm (abbreviated as DAA) used in blockchain mining, which has a direct impact on miners' earnings. In this method, the attack miner jumps between different blockchains to get more benefits than the honest miner who keep mining on only one blockchain. We build a probabilistic model to simulate the time to obtain the next block at different hash computing power called hashrate. Based on this model, we analyze the DAAs of the major cryptocurrencies, including Bitcoin, Bitcoin Cash, Zcash, and Bitcoin Gold. We further verify the effectiveness of this attack called jumping mining through simulation experiments, and also get the characters for the attack in the public block data of Bitcoin Gold. Finally, we give an improved DAA scheme against this attack. Extensive experiments are provided to support the efficiency of our designed scheme.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.