Sensors (Sep 2021)

Blockchain Technologies: Probability of Double-Spend Attack on a Proof-of-Stake Consensus

  • Mikolaj Karpinski,
  • Lyudmila Kovalchuk,
  • Roman Kochan,
  • Roman Oliynykov,
  • Mariia Rodinko,
  • Lukasz Wieclaw

DOI
https://doi.org/10.3390/s21196408
Journal volume & issue
Vol. 21, no. 19
p. 6408

Abstract

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Two double-spend attack strategies on a proof-of-stake consensus are considered. For each strategy, the probability of its success is obtained, which depends on the network parameters and the number of confirmation blocks. These results can be used to define how many confirmation blocks a vendor should wait after a correspondent transaction before sending goods or services.

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