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Upper bound probability of double spend attack on SPECTRE

Published: 21 September 2020 Publication History

Abstract

We obtained analytical expressions of upper estimates for success probability of a double spend attack on DAG-based consensus protocol SPECTRE, depending on network parameters. Using such estimates, it is possible to evaluate the number of confirmation blocks that is sufficient for prevention of such attacks.

References

[1]
Xavier Boyen, Christopher Carr, and Thomas Haines. 2018. Graphchain: A blockchain-free scalable decentralised ledger. In Proceedings of the 2nd ACM Workshop on Blockchains, Cryptocurrencies, and Contracts. 21--33.
[2]
Cyril Grunspan and Ricardo Pérez-Marco. 2017. Double spend races. CoRR abs/1702.02867 (2017). http://arxiv.org/abs/1702.02867
[3]
Lyudmila Kovalchuk, Dmytro Kaidalov, Andrii Nastenko, Mariia Rodinko, Oleksiy Shevtsov, and Roman Oliynykov. 2020. Decreasing security threshold against double spend attack in networks with slow synchronization. Computer Communications 154 (2020), 75--81.
[4]
Serguei Popov. 2016. The tangle. cit. on (2016), 131.
[5]
Yonatan Sompolinsky, Yoad Lewenberg, and Aviv Zohar. 2016. SPECTRE: A Fast and Scalable Cryptocurrency Protocol. IACR Cryptology ePrint Archive 2016 (2016), 1159.
[6]
Yonatan Sompolinsky and Aviv Zohar. 2018. Phantom. IACR Cryptology ePrint Archive, Report 2018/104 (2018).

Cited By

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  • (2024)Phantasm: Adaptive Scalable Mining Toward Stable BlockDAGIEEE Transactions on Services Computing10.1109/TSC.2023.332220317:3(1084-1096)Online publication date: May-2024
  • (2024)SoK: DAG-based Consensus Protocols2024 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)10.1109/ICBC59979.2024.10634358(1-18)Online publication date: 27-May-2024

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    cover image ACM Conferences
    CryBlock '20: Proceedings of the 3rd Workshop on Cryptocurrencies and Blockchains for Distributed Systems
    September 2020
    81 pages
    ISBN:9781450380799
    DOI:10.1145/3410699
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Publication History

    Published: 21 September 2020

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    Author Tags

    1. SPECTRE
    2. blockchain
    3. directed acyclic graph
    4. double spend attack
    5. proof-of-work

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    View all
    • (2024)Phantasm: Adaptive Scalable Mining Toward Stable BlockDAGIEEE Transactions on Services Computing10.1109/TSC.2023.332220317:3(1084-1096)Online publication date: May-2024
    • (2024)SoK: DAG-based Consensus Protocols2024 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)10.1109/ICBC59979.2024.10634358(1-18)Online publication date: 27-May-2024

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