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Understanding Cybersecurity Management in DeFi (UCM-DeFi) – Blockchain Security (Article 4) - Vimarsana News

Understanding Cybersecurity Management in DeFi (UCM-DeFi) – Blockchain Security (Article 4)

In today's digital landscape, blockchain technology has emerged as a powerful force, revolutionizing sectors like healthcare, finance, government, and commerce with its unparalleled security features. However, as with any technological advancement, it has not been immune to the cunning tactics of cybercriminals. The very features that make blockchain robust can also attract malicious actors who

"Reinforcement-Mining: Protecting Reward in Selfish Mining" by Zhaojie Wang, Willy Susilo et al. - Vimarsana News

"Reinforcement-Mining: Protecting Reward in Selfish Mining" by Zhaojie Wang, Willy Susilo et al.

Selfish mining is notorious for receiving additional rewards disproportionate to the attacker’s mining power in Proof-of-Work (PoW) consensus-based blockchain, e.g., Bitcoin. Unfair reward distribution may cause partial honest miners to quit blockchain mining, which will seriously weaken the security of the PoW blockchain since the security is guaranteed by strong mining power. Various efforts have been proposed to alleviate this problem, but are generally expensive to implement, e.g., upgrading the blockchain backbone protocol. In this work, we propose a method, named Reinforcement-Mining, ...

Source: uow.edu.au
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Mining RewardSelfish Mining