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MoneroResearch.info |
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Bonneau, J. 2019, Hostile Blockchain Takeovers (Short Paper). Paper presented at Financial Cryptography and Data Security. Added by: endor (17/04/2022, 22:47) Last edited by: endor (17/04/2022, 22:47) |
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| Resource type: Proceedings Article ID no. (ISBN etc.): 978-3-662-58820-8 BibTeX citation key: Bonneau2019 View all bibliographic details  |
Categories: Not Monero-focused Creators: Bonneau, Bracciali, Clark, Eyal, Pintore, Sala, Teague, Zohar Publisher: Springer Berlin Heidelberg Collection: Financial Cryptography and Data Security |
Views: 76/3152
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Attachments
Hostile Blockchain Takeovers (Short Paper).pdf  [14/1013]
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URLs Springer |
| Abstract |
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Most research modelling Bitcoin-style decentralised consensus protocols has assumed profit-motivated participants. Complementary to this analysis, we revisit the notion of attackers with an extrinsic motivation to disrupt the consensus process (Goldfinger attacks). We outline several routes for obtaining a majority of decision-making power in the consensus protocol (a hostile takeover). Our analysis suggests several fundamental differences between proof-of-work and proof-of-stake systems in the face of such an adversary.
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