Monday, December 30, 2024

mining concept – a Block withholding assault the place a miner will get a headstart on sorving the following block

I consider what you’re describing is named the “egocentric mining” assault. It’s distinct from the standard that means of the “block witholding” assault, though it has apparent similarities.

Egocentric Mining

In concept

There appear to be many scholarly articles on the topic.

As Techopedia explains it

In essence, a egocentric mining assault is achieved by withholding the printed of newly mined blocks to the general public community. By doing so, these miners can clandestinely proceed to mine the next block, getting a head begin and rising their probabilities of including extra blocks to the chain.

Whereas the idea of egocentric mining was theorized as early as 2010, it was illuminated via a paper by Cornell College researchers Eyal and Sirer.


In practise

Research have been made to detect this. For instance Li, SN., Campajola, C. & Tessone, C.J. Statistical detection of egocentric mining in proof-of-work blockchain methods. Sci Rep 14, 6251 (2024).

We suggest a statistical check to analyse every miner’s behaviour in 5 widespread cryptocurrencies: Bitcoin, Litecoin, Monacoin, Ethereum and Bitcoin Money. Our methodology relies on the realisation that egocentric mining behaviour will trigger identifiable anomalies within the statistics of miner’s successive blocks discovery. Secondly, we apply heuristics-based tackle clustering to enhance the detectability of this type of behaviour. We discover a marked presence of irregular miners in Monacoin and Bitcoin Money, and, to a lesser extent, in Ethereum.

Which suggests there might need been no apparent occurrences in Bitcoin within the fourteen years since this was first mentioned.

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