Abstract:
Data availability is a blockchain security factor that cannot be described cryptographically or mathematically due to its behavior-dependent properties on the volunteers who maintain the distributed ledger. Bitcoin and Ethereum have been used to analyze more active blockchain networks in most previous approaches. Even though many Altcoins forked from Bitcoin had nodes in the network, they were not the focus of the analysis because they were unpopular and failed projects. Interestingly, both can maintain availability. Since Altcoin is a failed project, its features can be investigated as a minimal component, unlike Bitcoin and Ethereum, which have complex components. Based on our user role model, we chose Altcoin in decline. We focused on network features that maintain availability and the user structure underlying Altcoin, including initial node survivability, software update interest, and security risks. Early users and community-friendly users increase availability compared to a stand-alone organization. The cost of installing nodes motivates these users, too.
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