CRFeb 14, 2017
Satoshi Risk Tables
arXiv:1702.04421v22 citations
AI Analysis
This work addresses security risks for Bitcoin users and developers by offering a precise, incremental analysis of attack probabilities.
The paper tackles the problem of quantifying the security of Bitcoin transactions by computing the probability of success for a double-spend attack based on hashrate share, confirmations, and time, providing concrete probabilities as results.
We present Bitcoin Security Tables computing the probability of success p(z,q,t) of a double spend attack by an attacker controlling a share q of the hashrate after z confirmations in time t.