Selfish Mining

« Back to Glossary Index

It is a situation in which a crypto miner mines a brand new block but does not broadcast this new block to the other miners. These miners increase their profits by creating separate forks. However, this impacts the health of the protocol as collusion increases the risk for centralization.

« Back to Glossary Index

Check Also

bitcoin-dominance

Bitcoin Dominance: A Greater Aspect Of The Crypto Space

Bitcoin is the largest digital currency in the world as per market capitalization and demands …