Journal of Xidian University ›› 2020, Vol. 47 ›› Issue (5): 77-85.doi: 10.19665/j.issn1001-2400.2020.05.011

• Speciall Issue: Blockchain Technology and Its Progress • Previous Articles     Next Articles

Study on the block withholding attack based on the evolutionary game

CHENG Yukun(),XU Zhiqi   

  1. School of Business,Suzhou University of Science and Technology, Suzhou 215009, China
  • Received:2020-05-03 Online:2020-10-20 Published:2020-11-06

Abstract:

The emergence of block withholding attack poses a threat to the security of the Bitcoin system and seriously damages the honest miners' right to obtain fair benefits. In this paper, we study this attack by building an evolutionary game model to reveal the dynamic evolution trend of players’ strategies and to deduce the evolutionary stability strategies with the help of replicator dynamics. We also analyze the strategy choices of miners under the different supervision and punishment measures of the pool and put forward corresponding suggestions for the pool. Finally, we conduct numerical simulation by Matlab to verify the effectiveness of our analysis by the evolutionary game model. The simulation results show that the mining pool can effectively mitigate the block withholding attack at a relatively low frequency of supervision and high penalty.

Key words: block withholding attack, evolutionary game, bitcoin, stable strategy

CLC Number: 

  • TP391.9