Daniel J. Aronoff
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Double-Spend Counterattacks: Threat of Retaliation in Proof-of-Work\n Systems Open
Proof-of-Work mining is intended to provide blockchains with robustness\nagainst double-spend attacks. However, an economic analysis that follows from\nBudish (2018), which considers free entry conditions together with the ability\nto rent…
Double-Spend Counterattacks: Threat of Retaliation in Proof-of-Work Systems Open
Proof-of-Work mining is intended to provide blockchains with robustness against double-spend attacks. However, an economic analysis that follows from Budish (2018), which considers free entry conditions together with the ability to rent su…