Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus

Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor sho...

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Detalles Bibliográficos
Autores principales: Karpinski, Mikolaj, Kovalchuk, Lyudmila, Kochan, Roman, Oliynykov, Roman, Rodinko, Mariia, Wieclaw, Lukasz
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2021
Materias:
Communication
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8512294/
https://www.ncbi.nlm.nih.gov/pubmed/34640729
http://dx.doi.org/10.3390/s21196408
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author Karpinski, Mikolaj
Kovalchuk, Lyudmila
Kochan, Roman
Oliynykov, Roman
Rodinko, Mariia
Wieclaw, Lukasz
author_facet Karpinski, Mikolaj
Kovalchuk, Lyudmila
Kochan, Roman
Oliynykov, Roman
Rodinko, Mariia
Wieclaw, Lukasz
author_sort Karpinski, Mikolaj
collection PubMed
description Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor should wait after a correspondent transaction before sending goods or services.
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spelling pubmed-85122942021-10-14 Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus Karpinski, Mikolaj Kovalchuk, Lyudmila Kochan, Roman Oliynykov, Roman Rodinko, Mariia Wieclaw, Lukasz Sensors (Basel) Communication Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor should wait after a correspondent transaction before sending goods or services. MDPI 2021-09-25 /pmc/articles/PMC8512294/ /pubmed/34640729 http://dx.doi.org/10.3390/s21196408 Text en © 2021 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Communication
Karpinski, Mikolaj
Kovalchuk, Lyudmila
Kochan, Roman
Oliynykov, Roman
Rodinko, Mariia
Wieclaw, Lukasz
Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title_full Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title_fullStr Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title_full_unstemmed Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title_short Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus
title_sort blockchain technologies: probability of double-spend attack on a proof-of-stake consensus
topic Communication
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8512294/
https://www.ncbi.nlm.nih.gov/pubmed/34640729
http://dx.doi.org/10.3390/s21196408
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