Recently, Decentralized Finance (DeFi) platforms on Ethereum are booming, and numerous
traders are trying to capitalize on the opportunity for maximizing their benefits by launching …

In this paper, we review the undercutting attacks in the transaction-fee-based regime of proof-
of-work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on the …

Transaction fees represent a major incentive in many blockchain systems as a way to
incentivize processing transactions. Unfortunately, they also introduce an enormous amount …

In this paper, we review the undercutting attacks in the transaction-fee-based regime (ie,
without block rewards) of proof-of-work (PoW) blockchains with the longest chain fork-choice …

The definitive guide to the game-theoretic and probabilistic underpinning for Bitcoin's
security model. The book begins with an overview of probability and game theory. Nakamoto …

Mining processes of Bitcoin and similar cryptocurrencies are currently incentivized with
voluntary transaction fees and fixed block rewards which will halve gradually to zero. In the …

Cap the Gap: Solving the Egoistic Dilemma under the Transaction Fee-Incentive Bitcoin Page 1
1 Cap the Gap: Solving the Egoistic Dilemma under the Transaction Fee-Incentive Bitcoin …

The celebrated Nakamoto consensus protocol [3], introduced in 2008, has ushered in
several new consensus applications, most popularly cryptocurrencies like Bitcoin and …

Over the years, the Internet has become a platform where individuals share their thoughts
and personal information. In some cases, these content contain some damaging or sensitive …

In this thesis, we review the undercutting attacks in the transaction-fee-based regime of
Proof-of-Work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on …