A Comprehensive Review of Blockchain Consensus Mechanisms
By Bahareh Lashkari, Petr Musilek. IEEE Access, 2021
370 citations recorded by the source corpus.
Since the advent of distributed ledger technologies, they have provided diverse opportunities in a wide range of application domains. This article brings a comprehensive review of the fundamentals of distributed ledger and its variants. Analyzing 185 publications, ranging from academic journals to industry websites, it provides a comparative analysis of 130 consensus algorithms using a novel architectural classification. The distribution of the reviewed algorithms is analyzed in terms of the proposed classification and different application domains, along with the applicability of each class among the top 10 platforms in the most prominent blockchain application domains. Additional conclusions are drawn from the evolution of consensus mechanisms, and the analysis concludes envisaging future prospects for consensus as an important part of distributed ledger technology.
Subfields: Computer Networks and Communications, Information Systems
View Paper: https://www.semanticscholar.org/paper/ee51d5c23cf874525b96dca82d463229ca144349
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In Computer Networks and Communications
In Information Systems
Citations in the corpus
- Blockchain for the Metaverse: A Review (2022, methodology): “All the data acquired in the metaverse is subjected to a blockchain-specific validation procedure which is powered by consensus mechanisms [43], [44].”