Evolution of blockchain consensus algorithms: a review on the latest milestones of blockchain consensus algorithms

被引:18
作者
Hussein, Ziad [1 ]
Salama, May A. [1 ]
El-Rahman, Sahar A. [1 ]
机构
[1] Benha Univ, Fac Engn Shoubra, Elect Engn Dept, Cairo, Egypt
关键词
Blockchain; Consensus; Proof of work; Proof of stake; Decentralization; PROOF;
D O I
10.1186/s42400-023-00163-y
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Blockchain technology has gained widespread adoption in recent years due to its ability to enable secure and transparent record-keeping and data transfer. A critical aspect of blockchain technology is the use of consensus algorithms, which allow distributed nodes in the network to agree on the state of the blockchain. In this review paper, we examine various consensus algorithms that are used in blockchain systems, including proof-of-work, proof-of-stake, and hybrid approaches. We go over the trade-offs and factors to think about when choosing a consensus algorithm, such as energy efficiency, decentralization, and security. We also look at the strengths and weaknesses of each algorithm as well as their potential impact on the scalability and adoption of blockchain technology.
引用
收藏
页数:22
相关论文
共 86 条
  • [1] Cryptographic consensus mechanisms
    Aggarwal, Shubhani
    Kumar, Neeraj
    [J]. BLOCKCHAIN TECHNOLOGY FOR SECURE AND SMART APPLICATIONS ACROSS INDUSTRY VERTICALS, 2021, 121 : 211 - 226
  • [2] Ammous S., 2016, BLOCKCHAIN TECHNOLOG
  • [3] Andrey Averin, 2019, 2019 International Conference "Quality Management, Transport and Information Security, Information Technologies" (IT&QM&IS). Proceedings, P124, DOI 10.1109/ITQMIS.2019.8928323
  • [4] Preferential Delegated Proof of Stake (PDPoS)-Modified DPoS with Two Layers towards Scalability and Higher TPS
    Bachani, Vishal
    Bhattacharjya, Aniruddha
    [J]. SYMMETRY-BASEL, 2023, 15 (01):
  • [5] Coin.AI: A Proof-of-Useful-Work Scheme for Blockchain-Based Distributed Deep Learning
    Baldominos, Alejandro
    Saez, Yago
    [J]. ENTROPY, 2019, 21 (08)
  • [6] A survey of blockchain consensus algorithms performance evaluation criteria
    Bamakan, Seyed Mojtaba Hosseini
    Motavali, Amirhossein
    Bondarti, Alireza Babaei
    [J]. EXPERT SYSTEMS WITH APPLICATIONS, 2020, 154 (154)
  • [7] Blockchain-based decentralized storage networks: A survey
    Benisi, Nazanin Zahed
    Aminian, Mehdi
    Javadi, Bahman
    [J]. JOURNAL OF NETWORK AND COMPUTER APPLICATIONS, 2020, 162
  • [8] Bentov I, 2014, ACM SIGMETRICS Perform Eval Rev, V42, DOI [10.1145/2695533.2695545, DOI 10.1145/2695533.2695545]
  • [9] Chen TY, 2018, Arxiv, DOI [arXiv:1811.07525, 10.48550/arXiv.1811.07525, DOI 10.48550/ARXIV.1811.07525]
  • [10] De Prisco R, 2000, THEOR COMPUT SCI, V243, P35, DOI 10.1016/S0304-3975(00)00042-6