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Decentralization Problems and Cross-Pool Mining in Bitcoin

Romiti, Matteo

Decentralization Problems and Cross-Pool Mining in Bitcoin.

Rel. Carla Fabiana Chiasserini. Politecnico di Torino, Corso di laurea magistrale in Ict For Smart Societies (Ict Per La Società Del Futuro), 2018

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Abstract:

Bitcoin mining has become a very competitive market where a handful of companies are validating the vast majority of transactions. We show how the current centralization of mining power is a threat to the protocol’s security, how mining pools share block rewards and how these entities are related to each other. We further develop on who are the pools members and what’s their behavior. All our data and extracted information on mining activity (blocks, addresses and pools) will be publicly available to foster research on the field and identify possible threats.

Relatori: Carla Fabiana Chiasserini
Anno accademico: 2017/18
Tipo di pubblicazione: Elettronica
Soggetti:
Corso di laurea: Corso di laurea magistrale in Ict For Smart Societies (Ict Per La Società Del Futuro)
Classe di laurea: Nuovo ordinamento > Laurea magistrale > LM-27 - INGEGNERIA DELLE TELECOMUNICAZIONI
Ente in cotutela: EURECOM - Telecom Paris Tech (FRANCIA)
Aziende collaboratrici: AUSTRIAN INSTITUTE OF TECHNOLOGY GMBH
URI: http://webthesis.biblio.polito.it/id/eprint/8206
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