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Resilience Analysis for Double Spending via Sequential Decision Optimization
2020
Applied System Innovation
Recently, diverse concepts originating from blockchain ideas have gained increasing popularity. One of the innovations in this technology is the use of the proof-of-work (PoW) concept for reaching a consensus within a distributed network of autonomous computer nodes. This goal has been achieved by design of PoW-based protocols with a built-in equilibrium property: If all participants operate honestly then the best strategy of any agent is also to follow the same protocol. However, there are
doi:10.3390/asi3010007
fatcat:7n6zumaanfgyfefrb3eexskguq