A way to increase mining revenue

A revenue and miner technology, applied in the field of data processing, can solve problems such as waste of electricity, environmental pollution, and failure to consider the impact of miners attacking mining revenue and social and economic benefits

Active Publication Date: 2021-06-29
ZHEJIANG NORMAL UNIVERSITY
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AI Technical Summary

Problems solved by technology

The impact of miners' attacks on system mining revenue and social and economic benefits is not considered. What is important is that no relevant incentive mechanism is proposed for miners' attacks to encourage miners to cooperate in mining
The miner’s mining model is the prisoner’s dilemma in game theory, and the attacker is a “free rider”. When all miners adopt an attack strategy, each miner’s income will be zero, and the mining income of the entire system will also be zero, which not only wastes electricity, but also causes Environmental pollution will also affect the normal operation of the blockchain system

Method used

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  • A way to increase mining revenue
  • A way to increase mining revenue
  • A way to increase mining revenue

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Embodiment Construction

[0052] In order to make the object, technical solution and advantages of the present invention more clear, the present invention will be further described in detail below in conjunction with the examples. It should be understood that the specific embodiments described here are only used to explain the present invention, not to limit the present invention.

[0053] Relevant technology and analysis at home and abroad mainly focus on how to increase the miners' respective income after the attack. There is no analysis of the influence of whether the miners' computing power is the same on the change of mining income from the attack or not. For miners' attacks, a relevant incentive mechanism was established to encourage miners not to attack but to cooperate in mining. The mining dilemma model of miners was not analyzed, and an effective method to ensure the highest mining income of the system was not proposed.

[0054] The application principle of the present invention will be descr...

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Abstract

The invention belongs to the technical field of data processing, and discloses a method and system for improving mining income. According to the PoW consensus algorithm and the dilemma model, the miners' mining income matrix is ​​obtained by analyzing the two situations of the same and different miners' computing power; Contains ZD strategy, single ZD strategy, double ZD strategy model, and calculates the system mining income when the computing power is the same or different according to the income matrix and the Markov transition matrix. Compared with [1,0,1,0], [0.1,0.1,0.1,0.1] (game with single ZD strategy), the double ZD strategy proposed by the present invention is increased by 68% and 287% respectively; The strategy is 35% and 355% higher than the other two strategies, and the double ZD strategy is 48% and 139% higher than the other two strategies; the double ZD strategy ensures that each miner cooperates in mining, thereby ensuring that the system mining revenue reaches the maximum .

Description

technical field [0001] The invention belongs to the technical field of data processing, and in particular relates to a method and system for increasing mining revenue. Background technique [0002] Under the distributed peer-to-peer network with no central control point, blockchain technology uses a distributed collective operation method to build a P2P self-organizing network. Through a complex verification mechanism, the blockchain database can maintain integrity, continuity, and consistency. Even if some participants cheat, the integrity of the blockchain cannot be changed, and the data in the blockchain cannot be tampered with. [0003] As the most successful application of blockchain technology, the Bitcoin system uses the PoW consensus mechanism to realize the immutability and unforgeability of transactions. The core idea of ​​the PoW consensus mechanism is to ensure the consistency of data and the security of consensus by introducing the computing power competition o...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): H04L29/06G06N3/00
CPCG06N3/006H04L63/20
Inventor 唐长兵陈中育郑忠龙林飞龙杨珍
Owner ZHEJIANG NORMAL UNIVERSITY
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