Can I read Bitcoin Selfish Mining and Dyck Words on EtoBox?

Bitcoin Selfish Mining and Dyck Words by Grunspan, Cyril; Pérez-Marco, Ricardo is a scholarly article available to read on EtoBox.

What is Bitcoin Selfish Mining and Dyck Words about?

We give a straightforward proof for the formula giving the long-term apparent hashrate of the Selfish Mining strategy in Bitcoin using only elementary probabilities and combinatorics, and more precisely, Dyck words. There is no need to compute stationary probabilities on Markov chain nor stopping times for Poisson processes as it was previously done. We consider also several other block withholding strategies.

Author

Grunspan, Cyril; Pérez-Marco, Ricardo

Published

2019

Language

EN