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Creators/Authors contains: "Erol, Selman"

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  1. Various blockchain systems have been designed for dynamic net- worked systems. Due to the nature of the systems, the notion of “time” in such systems is somewhat subjective; hence, it is important to understand how the notion of time may impact these systems. This work focuses on an adversary who attacks a Proof-of-Work (POW) blockchain by selfishly constructing an alternative longest chain. We characterize optimal strategies employed by the adversary when a difficulty adjustment rule alà Bitcoin applies. 
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