Abstract
This article focuses on the mining dilemma of block withholding attack between the mining pools in the bitcoin system. In order to obtain the higher revenue, the rational mining pool usually chooses an infiltration attack, that is, the pool will falls into the mining dilemma of the PoW consensus algorithm. Thus the article proposes to apply zero-determinant strategies for optimizing the behavior selection of the mining pool under PoW consensus mechanism to increase the total revenues of the system, so as to solve the mining dilemma. After theoretically studying the set and extortionate strategy of zero-determinant, the article devises an adaptive zero-determinant strategy that the pool can change the corporation probability of the next round based on its previous revenues. To verify the effectiveness of zero-determinant strategies, based on the actual revenue of the mining pool defined and deduced in the paper, it simulates 30 sets of game strategies to illustrate the revenue variation of the mining pools. The simulation results show that the three zero-determinant strategies can effectively improve the convergence rate of cooperation, mitigate block withholding attack and maximize the total revenues of the system. Compared with the set and extortionate strategy, the adaptive strategy can ensure more stability and more revenue.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.