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arXiv:2501.03227v5 Announce Type: replace Abstract: Conventional double-spending attack models ignore the revenue losses stemming from the orphan blocks. On the other hand, selfish mining literature usually ignores the chance of the attacker to double-spend at no-cost in each attack cycle. In this paper, we give a rigorous stochastic analysis of an attack where the goal of the adversary is to double-spend while mining selfishly. To do so, we first combine stubborn and selfish mining attacks, \te
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Computer Science > Cryptography and Security
[Submitted on 6 Jan 2025 (v1), last revised 20 Mar 2026 (this version, v5)]
When Should Selfish Miners Double-Spend?
Mustafa Doger, Sennur Ulukus
Conventional double-spending attack models ignore the revenue losses stemming from the orphan blocks. On the other hand, selfish mining literature usually ignores the chance of the attacker to double-spend at no-cost in each attack cycle. In this paper, we give a rigorous stochastic analysis of an attack where the goal of the adversary is to double-spend while mining selfishly. To do so, we first combine stubborn and selfish mining attacks, \textit{i.e.}, construct a strategy where the attacker acts stubborn until its private branch reaches a certain length and then switches to act selfish. We provide the optimal stubbornness for each parameter regime. Next, we provide the maximum stubbornness that is still more profitable than honest mining and argue a connection between the level of stubbornness and the k-confirmation rule. We show that, at each attack cycle, if the level of stubbornness is higher than k, the adversary gets a free shot at double-spending. At each cycle, for a given stubbornness level, we rigorously formulate how great the probability of double-spending is. We further modify the attack in the stubborn regime in order to conceal the attack and increase the double-spending probability.
Subjects: Cryptography and Security (cs.CR); Distributed, Parallel, and Cluster Computing (cs.DC); Discrete Mathematics (cs.DM); Information Theory (cs.IT); Probability (math.PR)
Cite as: arXiv:2501.03227 [cs.CR]
(or arXiv:2501.03227v5 [cs.CR] for this version)
https://doi.org/10.48550/arXiv.2501.03227
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Submission history
From: Mustafa Doger [view email]
[v1] Mon, 6 Jan 2025 18:59:26 UTC (729 KB)
[v2] Tue, 7 Oct 2025 12:51:24 UTC (738 KB)
[v3] Sat, 8 Nov 2025 23:39:16 UTC (738 KB)
[v4] Wed, 24 Dec 2025 01:13:17 UTC (741 KB)
[v5] Fri, 20 Mar 2026 04:05:22 UTC (775 KB)
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