Publication: Proof-of-Work cryptocurrency mining: a statistical approach to fairness
Proof-of-Work cryptocurrency mining: a statistical approach to fairness
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Li, S.-N., Yang, Z., & Tessone, C. J. (2020, August 9). Proof-of-Work cryptocurrency mining: a statistical approach to fairness. 2020 IEEE/CIC International Conference on Communications in China (ICCC Workshops), Chongqing. https://doi.org/10.1109/icccworkshops49972.2020.9209934
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In Proof-of-Work Blockchain-based systems, the ledger is kept consistent through some participants solving cryptopuzzles, usually referred to as block mining. Conventional wisdom asserts that the mining protocol is incentive-compatible. However, whether some strategic mining behaviors occur in practice or not, has been the subject of extensive debate. In this paper, we target this question by detecting anomalies in the statistics of consecutive blocks among several popular cryptocurrency systems. Firstly, we measure the inequality of
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- Yang, Zhao
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Li, S.-N., Yang, Z., & Tessone, C. J. (2020, August 9). Proof-of-Work cryptocurrency mining: a statistical approach to fairness. 2020 IEEE/CIC International Conference on Communications in China (ICCC Workshops), Chongqing. https://doi.org/10.1109/icccworkshops49972.2020.9209934
