Analysis of splitting attacks on Bitcoin and GHOST consensus protocols
Lyudmila Kovalchuk, Dmytro Kaidalov, Oleksiy Shevtsov, Andrii Nastenko, Mariia Rodinko, Roman Oliynykov · 2017
We propose new mathematical models of splitting attacks targeted at two major consensus protocols applied in cryptocurrencies. Obtained upper bounds of probability of successful fork maintenance by an attacker allows to get estimates on block expectation number for securing the system against splitting attacks.