Knowledge Commons of Institute of Automation,CAS
A novel hybrid share reporting strategy for blockchain miners in PPLNS pools | |
Qin, Rui1,2,6![]() ![]() ![]() | |
发表期刊 | DECISION SUPPORT SYSTEMS
![]() |
ISSN | 0167-9236 |
2019-03-01 | |
卷号 | 118期号:NA页码:91-101 |
摘要 | In blockchain pool mining, Pay-Per-Last-N-Shares (PPLNS) is one of the most commonly used reward mechanisms in practice, in which the mining pools will distribute the reward among the miners whose reported shares fall in the last N shares, according to the proportion of the number of shares of the miner in the last N shares. In the PPLNS mechanism, miners' reporting strategies may impose significant impacts to their rewards via determining the number of shares appeared in the last N shares. As such, how to strategically report their shares to the pool has become an important decision faced by miners. In this paper, we study the share reporting problem in PPLNS pools, and establish a share reporting model for a miner to optimize his/her rewards. We also propose a novel hybrid share reporting strategy for the miner based on our model, and design computational experiments to evaluate our hybrid share reporting strategy. The experimental results show that the hybrid strategy outperforms two baseline share reporting strategies commonly used in practice. This work is the first attempt to study the share reporting issue faced by miners in PPLNS pools, and it can provide important managerial insights for blockchain pool miners when making their share reporting decisions. |
关键词 | Share reporting strategy Blockchain mining PPLNS reward Pool mining Computational experiments approach |
DOI | 10.1016/j.dss.2019.01.006 |
关键词[WOS] | TECHNOLOGY ; SELECTION ; MECHANISM ; SYSTEMS ; GAME |
收录类别 | SCI |
语种 | 英语 |
资助项目 | National Natural Science Foundation of China[61533019] ; National Natural Science Foundation of China[71702182] ; National Natural Science Foundation of China[71472174] ; National Natural Science Foundation of China[71232006] ; National Natural Science Foundation of China[61533019] ; National Natural Science Foundation of China[71702182] ; National Natural Science Foundation of China[71472174] ; National Natural Science Foundation of China[71232006] |
WOS研究方向 | Computer Science ; Operations Research & Management Science |
WOS类目 | Computer Science, Artificial Intelligence ; Computer Science, Information Systems ; Operations Research & Management Science |
WOS记录号 | WOS:000461535200009 |
出版者 | ELSEVIER SCIENCE BV |
七大方向——子方向分类 | 博弈论与学习 |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://ir.ia.ac.cn/handle/173211/24989 |
专题 | 多模态人工智能系统全国重点实验室_平行智能技术与系统团队 |
通讯作者 | Yuan, Yong |
作者单位 | 1.Chinese Acad Sci, Inst Automat, State Key Lab Management & Control Complex Syst, Beijing, Peoples R China 2.Qingdao Acad Intelligent Ind, Qingdao, Peoples R China 3.Natl Univ Def Technol, Res Ctr Mil Computat Expt & Parallel Syst, Changsha, Hunan, Peoples R China 4.Macau Univ Sci & Technol, Inst Syst Engn, Macau, Peoples R China 5.Univ Chinese Acad Sci, Beijing, Peoples R China 6.Chinese Acad Sci, Beijing Engn Res Ctr Intelligent Syst & Technol, Inst Automat, Beijing, Peoples R China |
第一作者单位 | 中国科学院自动化研究所 |
通讯作者单位 | 中国科学院自动化研究所 |
推荐引用方式 GB/T 7714 | Qin, Rui,Yuan, Yong,Wang, Fei-Yue. A novel hybrid share reporting strategy for blockchain miners in PPLNS pools[J]. DECISION SUPPORT SYSTEMS,2019,118(NA):91-101. |
APA | Qin, Rui,Yuan, Yong,&Wang, Fei-Yue.(2019).A novel hybrid share reporting strategy for blockchain miners in PPLNS pools.DECISION SUPPORT SYSTEMS,118(NA),91-101. |
MLA | Qin, Rui,et al."A novel hybrid share reporting strategy for blockchain miners in PPLNS pools".DECISION SUPPORT SYSTEMS 118.NA(2019):91-101. |
条目包含的文件 | 下载所有文件 | |||||
文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
A novel hybrid share(2213KB) | 期刊论文 | 作者接受稿 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论