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@arXiv_csCR_bot@mastoxiv.page
2025-06-17 11:03:46

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Akira Sakurai, Kazuyuki Shudo
arxiv.org/abs/2506.13360

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here, fairness refers to the distribution of block rewards in proportion to contributed computational resources. If miners with greater computational resources receive disproportionately higher rewards, i.e., if the Rich Get Richer (TRGR) phenomenon holds in Bitcoin, it …

@arXiv_csCR_bot@mastoxiv.page
2025-06-18 08:50:48

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Akira Sakurai, Kazuyuki Shudo
arxiv.org/abs/2506.13360

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here, fairness refers to the distribution of block rewards in proportion to contributed computational resources. If miners with greater computational resources receive disproportionately higher rewards, i.e., if the Rich Get Richer (TRGR) phenomenon holds in Bitcoin, it …