ﻻ يوجد ملخص باللغة العربية
Miners play a key role in cryptocurrencies such as Bitcoin: they invest substantial computational resources in processing transactions and minting new currency units. It is well known that an attacker controlling more than half of the networks mining power could manipulate the state of the system at will. While the influence of large mining pools appears evenly split, the actual distribution of mining power within these pools and their economic relationships with other actors remain undisclosed. To this end, we conduct the first in-depth analysis of mining reward distribution within three of the four largest Bitcoin mining pools and examine their cross-pool economic relationships. Our results suggest that individual miners are simultaneously operating across all three pools and that in each analyzed pool a small number of actors (<= 20) receives over 50% of all BTC payouts. While the extent of an operators control over the resources of a mining pool remains an open debate, our findings are in line with previous research, pointing out centralization tendencies in large mining pools and cryptocurrencies in general.
Grovers algorithm confers on quantum computers a quadratic advantage over classical computers for searching in an arbitrary data set, a scenario that describes Bitcoin mining. It has previously been argued that the only side-effect of quantum mining
Bitcoin has become the leading cryptocurrency system, but the limit on its transaction processing capacity has resulted in increased transaction fees and delayed transaction confirmation. As such, it is pertinent to understand and probably predict ho
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
In late 2017, a sudden proliferation of malicious JavaScript was reported on the Web: browser-based mining exploited the CPU time of website visitors to mine the cryptocurrency Monero. Several studies measured the deployment of such code and develope
We study efficiency in a proof-of-work blockchain with non-zero latencies, focusing in particular on the (inequality in) individual miners efficiencies. Prior work attributed differences in miners efficiencies mostly to attacks, but we pursue a diffe