New method and system for improving mining profits

Abstract

The invention belongs to the technical field of data processing and discloses a method and system for improving mining profits. Two conditions that miner proof of work is the same and miner proof of work is different are analyzed according to a PoW consensus algorithm and a dilemma model, thereby obtaining a miner mining profit matrix; and a ZD-free policy model, a single-ZD policy model and a double-ZD policy model are established, and system mining profits are calculated according to a profit matrix and a Markov transition matrix when the proof of work is the same and the proof of work is different. Compared with [1,0,1,0], [0.1,0.1,0.1,0.1] (a single-ZD policy), a double-ZD policy provided by the invention has the advantage that the mining profits are improved by 68% and 287%; and whenthe proof of work is different, compared with the other two policies, the single-ZD policy has the advantage that the mining profits are improved by 35% and 355%, and compared with the other two policies, the double-ZD policy has the advantage that the mining profits are improved by 48% and 139%. According to the double-ZD policy, each miner is guaranteed to carry out cooperation mining, and further the system mining profits reach the maximum value.

Description

technical field [0001] The invention belongs to the technical field of data processing, and in particular relates to a new method and system for improving mining income. 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...

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

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