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cs.CR2024
Double Spending Analysis of Nakamoto Consensus for Time-Varying Mining Rates with Ruin Theory
Mustafa Doger, Sennur Ulukus, Nail Akar
Theoretical guarantees for double spending probabilities for the Nakamoto consensus under the -deep confirmation rule have been extensively studied for zero/bounded network dela…
cs.CR2024
PoW Security-Latency under Random Delays and the Effect of Transaction Fees
Mustafa Doger, Sennur Ulukus, Nail Akar
Safety guarantees and security-latency problem of Nakamoto consensus have been extensively studied in the last decade with a bounded delay model. Recent studies have shown that PoW…
cs.CR2024
Transaction Capacity, Security and Latency in Blockchains
Mustafa Doger, Sennur Ulukus
We analyze how secure a block is after the block becomes -deep, i.e., security-latency, for Nakamoto consensus under an exponential network delay model. We provide the fault tol…