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Published in 2024 at "Decisions in Economics and Finance"
DOI: 10.1007/s10203-024-00458-w
Abstract: The process of mining blocks on a blockchain utilizing a Proof-of-Work consensus mechanism carries inherent risks, particularly when the operational expenses associated with mining exceed the rewards earned. Building on previous findings on mining in…
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Keywords:
proof work;
analysis;
mining;
empirical risk ... See more keywords
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Published in 2023 at "IEEE Access"
DOI: 10.1109/access.2023.3234322
Abstract: Blockchain (BC) technology has been established in 2009 by Nakamoto, using the Proof-of-Work (PoW) to reach consensus in public permissionless networks (Praveen et al., 2020). Since then, several consensus algorithms were proposed to provide equal…
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Keywords:
minority;
proof work;
pow based;
approaches overpower ... See more keywords
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Published in 2024 at "IEEE Access"
DOI: 10.1109/access.2024.3521426
Abstract: In the area of blockchain, numerous methods have been proposed for suppressing intentional forks by attackers more effectively than the random rule. However, all of them, except for the random rule, require major updates such…
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Keywords:
proof work;
work blockchain;
rule;
partial proof ... See more keywords
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Published in 2022 at "IEEE Transactions on Network and Service Management"
DOI: 10.1109/tnsm.2022.3219494
Abstract: Blockchain-powered smart systems deployed in different industrial applications promise operational efficiencies and improved yields, while significantly mitigating cybersecurity risks. Tradeoffs between availability and security arise at implementation, however, triggered by the additional resources (e.g., memory…
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Keywords:
blockchain;
energy;
merkle tree;
proof work ... See more keywords
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Published in 2022 at "Symmetry"
DOI: 10.3390/sym14030609
Abstract: In blockchains, the principle of proof-of-work (PoW) is used to compute a complex mathematical problem. The computation complexity is governed by the difficulty, adjusted periodically to control the rate at which new blocks are created.…
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Keywords:
genetic algorithm;
difficulty adjustment;
rate;
proof work ... See more keywords