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But there are evils in the way Bitcoin reward miners as well as mining pool's reward mechanism. These create incentives for miners to attack. In this paper, we focus on one specific class of attack which is called block .. IC Reward Mechanism [12] [12] proposes a reward mechanism that satisfies all the requirements,.

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Jun 16, 2014 Ever since the alternative cryptocurrency Bitcoin launched, it's had a known potential security flaw. If any single miner or collective group of miners (known as a pool) were ever able to account for 51% of the total hashing power on the network, those miners would be able to exert significant power over the