[Analysis] Competing (semi)-selfish miners in Bitcoin - Marmolejo-Cossío, et al

Game theory underwriting Bitcoin ($BTC) mining assumes a tendency towards honesty, according to a recent Oxford research publication. Adversarial means of earning mining income exist like selfish mining or semi-selfish mining (SSM). SSM involves miners secretly working private blocks of no longer than two based on hash rate conditions. If one or more miners deviate toward selfish of SSM on perceived monetary incentives, the Bitcoin state becomes less secure.

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