A way to increase mining revenue

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...

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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