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What gains does such a miner obtain by exhibiting

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Reference no: EM132275488

Selfish Mining is a behavior of some miners of bitcoin blockchain where a miner withholds the information that he/she has successfully mined a block in the hope of mining another consecutive block before other miners mine a single block. The Selfish miner then publishes the two consecutive blocks together when another miner announces finding a new block.

(a) What gains does such a miner obtain by exhibiting such a behavior?

(b) A bitcoin developer suggests that each block header must have a timestamp so that we can detect the selfish mining behavior. Do you think that will help in detecting selfish miners?

Reference no: EM132275488

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