Selfish Mining

Selfish mining is a strategy miners use in a proof-of-work (PoW) blockchain network to gain an unfair advantage over other miners. The basic idea behind selfish mining is for a miner (or a group of miners) to keep their newly mined blocks secret from the rest of the network and only reveal them when they have mined enough blocks to have a significant advantage over other miners. A practical example of selfish mining would be a miner who has 30%…