My name is Assaf Shomer and I wanted to make you guys aware of a paper I just published discussing Block-Hiding mining strategies. The paper can be found here https://drive.google.com/file/d/0B1npGX-OU_NyMUdTTUZ2QlBLSWc/edit?usp=sharing
Any feedback is welcome.
Thanks.
Any feedback is welcome.
Thanks.
If miner hides the block he mined, how come that would be represented in the public ledger. And more importantly, if it hidden, why the rest of the n/w will accept it ?
Right. You are of course correct that the idea is not to hide the block forever. The idea is to build a secret branch of the block-tree and publish it when you stand a good chance of winning over the main branch