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Rosenfeld, M. 2014. Analysis of hashrate-based double spending. 
Added by: Rucknium (2023-08-23 16:47)   Last edited by: Rucknium (2023-08-23 16:48)
Resource type: Miscellaneous
BibTeX citation key: Rosenfeld2014
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Categories: Not Monero-focused
Creators: Rosenfeld
Views: 134/1814
Attachments   1402.2009.pdf [57/531] URLs   https://arxiv.org/abs/1402.2009
Abstract
Bitcoin is the world's first decentralized digital currency. Its main technical innovation is the use of a blockchain and hash-based proof of work to synchronize transactions and prevent double-spending the currency. While the qualitative nature of this system is well understood, there is widespread confusion about its quantitative aspects and how they relate to attack vectors and their countermeasures. In this paper we take a look at the stochastic processes underlying typical attacks and their resulting probabilities of success
  
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