A Comparative Study of the Recent Blockchain Consensus Algorithms
- DOI
- 10.2991/978-94-6463-360-3_32How to use a DOI?
- Keywords
- Blockchain; Consensus; Scalability; Mining; Decentralization; Consensus algorithms; Private and Public Blockchain
- Abstract
As Blockchain gains traction, it can be said that it is the primary focus of many computer science studies due to its enormous impact on thousands of projects and organizations, which prompted them to completely alter their approach to storing and processing large quantities of data. Despite attempts by detractors to undermine its durability, security, and stability. Consensus is required for the Blockchain network to be completely secure and decentralized. In brief, consensus is the process of approving or rejecting network transactions. Our work will consist of a statistical analysis and a comprehensive overview of the most recent consensus algorithms, comparing their throughput speed, scalability of the network, security resilience against a variety of attacks, decentralization of the database, and the amount of resources required each time a block is added. All of this is intended to provide a comprehensive understanding of these algorithms and their respective use cases.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Nassime El Rharbi AU - Hicham Atteriuas AU - Ali Younes AU - Abdelali Harchaoui AU - Oumaima Izem PY - 2024 DA - 2024/02/05 TI - A Comparative Study of the Recent Blockchain Consensus Algorithms BT - Proceedings of the E-Learning and Smart Engineering Systems (ELSES 2023) PB - Atlantis Press SP - 316 EP - 327 SN - 2667-128X UR - https://doi.org/10.2991/978-94-6463-360-3_32 DO - 10.2991/978-94-6463-360-3_32 ID - Rharbi2024 ER -