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The Cryptonomics™ > Bitcoin > Why is a selfish-mining assault with unhealthy propagation (γ=0) nonetheless worthwhile?
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Why is a selfish-mining assault with unhealthy propagation (γ=0) nonetheless worthwhile?

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Last updated: May 23, 2025 3:50 pm
admin Published May 23, 2025
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Why is a selfish-mining assault with unhealthy propagation (γ=0) nonetheless worthwhile?


The 2013 selfish-mining paper by Ittay Eyal and Emin Gün Sirer [0] introduces a variable γ:

We denote by γ the ratio of trustworthy miners that select to mine on the pool’s block, and the opposite (1−γ) of the non-pool miners mine on the opposite department.

The essential concept is that the attacker pool withholds their block till they study a competing block from an trustworthy miner. Since trustworthy nodes want the primary block they see, this variable expresses the power of the attacker to race their block in entrance of the trustworthy block.

Particularly this refers back to the fraction of miner nodes that see the attacking block first. As defined of their simulation part:

We assume block propagation time is negligible in comparison with mining time, as is the case in actuality. Within the case of two branches of the identical size, we artificially divide the non-pool miners such {that a} ratio of γ of them mine on the pool’s department and the remaining mine on the opposite department.

The simulation produces determine 2:

I am confused about probably the most pessimistic state of affairs γ=0, i.e. any time the attacker pool tries to race in entrance of the trustworthy block they fail miserably. Intuitively I’d count on such a pool to persistently lose cash, so why does not the purple line keep beneath the gray line?

Is there some extra assumption within the paper that I am lacking?

[0] https://arxiv.org/abs/1311.0243



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