A Review of Research on Blockchain Consensus Algorithms

The core of blockchain technology, as a decentralized distributed ledger technology, lies in how to reach consensus without a centralized institution. Consensus algorithm is the cornerstone of blockchain, which determines the security, performance and decentralization degree of blockchain. This pape...

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Vydáno v:Procedia computer science Ročník 262; s. 1449 - 1457
Hlavní autoři: Jiayi Wang, Zhigang Zhang, Wang, Jinlong
Médium: Journal Article
Jazyk:angličtina
Vydáno: Elsevier B.V 2025
Témata:
Blockchain
consensus algorithm
DPoS
PBF
PoS
PoW
DPoS
consensus algorithm
PoW
PoS
PBF
Blockchain
ISSN:1877-0509, 1877-0509
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Shrnutí:The core of blockchain technology, as a decentralized distributed ledger technology, lies in how to reach consensus without a centralized institution. Consensus algorithm is the cornerstone of blockchain, which determines the security, performance and decentralization degree of blockchain. This paper starts from the basic concept of blockchain consensus algorithms, analyzes the working principle, advantages and disadvantages, and application scenarios of current mainstream consensus algorithms, and discusses the future development trend of consensus algorithms.
ISSN:1877-0509
1877-0509
DOI:10.1016/j.procs.2025.05.194