Abstract
Selfish mining, originally discovered by Eyal et al. [9], is a well-known attack where a selfish miner, under certain conditions, can gain a disproportionate share of reward by deviating from the honest behavior. In this paper, we expand the mining strategy space to include novel "stubborn" strategies that, for a large range of parameters, earn the miner more revenue. Consequently, we show that the selfish mining attack is not (in general) optimal. Further, we show how a miner can further amplify its gain by non-trivially composing mining attacks with network-level eclipse attacks. We show, surprisingly, that given the attacker's best strategy, in some cases victims of an eclipse attack can actually benefit from being eclipsed!
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CITATION STYLE
Nayak, K., Kumar, S., Miller, A., & Shi, E. (2016). Stubborn mining: Generalizing selfish mining and combining with an eclipse attack. In Proceedings - 2016 IEEE European Symposium on Security and Privacy, EURO S and P 2016 (pp. 305–320). Institute of Electrical and Electronics Engineers Inc. https://doi.org/10.1109/EuroSP.2016.32
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