TY - JOUR
AU - Popov, Serguei
PY - 2016/12/21
Y2 - 2021/06/15
TI - A Probabilistic Analysis of the Nxt Forging Algorithm
JF - Ledger
JA - ledger
VL - 1
IS - 0
SE - Research Articles
DO - 10.5195/ledger.2016.46
UR - https://www.ledgerjournal.org/ojs/ledger/article/view/46
SP - 69-83
AB - We discuss the forging algorithm of Nxt from a probabilistic point of view, and obtain explicit formulas and estimates for several important quantities, such as the probability that an account generates a block, the length of the longest sequence of consecutive blocks generated by one account, and the probability that one concurrent blockchain wins over an- other one. Also, we discuss some attack vectors related to splitting an account into many smaller ones.
ER -