TY - JOUR
AU - Popov, Serguei
PY - 2016/12/21
Y2 - 2023/12/05
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 - <div class="page" title="Page 1"><div class="layoutArea"><div class="column"><p><span>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. </span></p></div></div></div>
ER -