Relation

Proposed mitigations of monopolizing activities in mining

  • A miner could interact directly with a block to prevent selfish miner interference.
  • A cryptocurrency could use a new hash puzzle that would protect against other miners until it gains traction.
  • Regulation could involve tracking of specific mining pools and their interaction with real-world markets.
  • The protocol of Bitcoin could be changed to cause selfish miners to require more of the market in order to be profitable.
  • It can be possible to approximate widely used methods of market concentration, which could then be compared to baseline values to see any discrepancies.

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Updated 2022-04-13

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