Cryptology ePrint Archive: Report 2018/1211
Countering Block Withholding Attack Effciently
Suhyeon Lee and Seungjoo Kim
Abstract: Bitcoin, well-known cryptocurrency, selected Poof-of-Work (PoW) for its security. PoW mechanism incentivizes participants and deters attacks on the network. Bitcoin seems to have operated the stable distributed network with PoW until now. Researchers found, however, some vulnerabilities in PoW such as selfish mining, block withholding attack, and so on. Especially, after Rosenfeld suggested block withholding attack and Eyal made this attack practical, many variants and countermeasures have been proposed. Most countermeasures, however, were accompanied by changes in the mining algorithm to make the attack impossible, which lowered the practical adaptability. In this paper, we propose a countermeasure to prevent block withholding attack effectively. Mining pools can adapt our method without changing their mining environment.
Category / Keywords: applications / blockchain
Date: received 16 Dec 2018, last revised 4 Mar 2022
Contact author: orion-alpha at korea ac kr
Available format(s): PDF | BibTeX Citation
Note: The extended version of this paper was published in IEEE INFOCOM Workshop CryBlock 2019
Version: 20220304:043232 (All versions of this report)
Short URL: ia.cr/2018/1211
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