International Journal of Applied Science and Technology

ISSN 2221-0997 (Print), 2221-1004 (Online) 10.30845/ijast

Probability in Bitcoin’s Blocks Chasing
Ze Sen Tang, Elgaddafi Elamami

Abstract
To prove bitcoin’s security system works, we have to make sure that the honest chain will never lose in the blocks chasing with the attacker chain. To solve this problem, we propose the Binomial Distribution as a solution that show the probability of the attacker chain catch up the honest chain.

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