2020
DOI: 10.1109/access.2020.3017716
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A Novel Computing Power Allocation Algorithm for Blockchain System in Multiple Mining Pools Under Withholding Attack

Abstract: To overcome the fast-changing block withholding attacks among multiple mining pools composed of miners in the blockchain system, this paper proposes a mining pool computing power allocation (MPPA) algorithm, which significantly improves the revenues of mining pools with block withholding attacks. MPPA first establishes the revenue optimization model of mining pools, which includes current adequate total computing power, the revenues of honest mining, and the revenues of block withholding attacks. Then MPPA cal… Show more

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Cited by 13 publications
(1 citation statement)
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References 22 publications
(39 reference statements)
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“…Many data security solutions, including cryptocurrencies like Bitcoin and Ethereum's smart contract service, rely on blockchain technology [1,2,3,4]. As a result of the hash chain, the integrity of the blockchain's data is only as strong as the difficulty of tampering with individual blocks of information.…”
Section: Introductionmentioning
confidence: 99%
“…Many data security solutions, including cryptocurrencies like Bitcoin and Ethereum's smart contract service, rely on blockchain technology [1,2,3,4]. As a result of the hash chain, the integrity of the blockchain's data is only as strong as the difficulty of tampering with individual blocks of information.…”
Section: Introductionmentioning
confidence: 99%