Cited by 499Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningDistributed systems and fault tolerance

A Comprehensive Review of Blockchain Consensus Mechanisms

Open access
Lashkari, Bahareh, Musilek, Petr·2021·IEEE Access

Abstract

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.

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  • Decentralized data-sharing fortifies data security through its distributed structure, rendering it resistant to targeted cyber-attacks or data breaches.

    “Primarily, it fortifies data security through its distributed structure, rendering it resistant to targeted cyber-attacks or data breaches [43] [44].”

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Cites

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Research works printed but not linked: 18

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  15. D. Larimer, ''Transactions as proof-of-stake,'' Invictus Innov. Group, Tech. Rep., 2013.
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Authors
Lashkari, B., & Musilek, P.
Affiliations
  • University of Alberta (CA)
  • Department of Electrical and Computer Engineering, University of Alberta, Edmonton, AB, Canada
Venue
IEEE Access
Published
2021
Volume
9
Pages
43620-43652
ISSN
2169-3536 (ISSN-L)
OpenAlex
W3136753322
Cited by
499
References
123
Citations by year
2026: 66 · 2025: 155 · 2024: 139 · 2023: 82 · 2022: 47 · 2021: 9 · 2019: 1
FWCI
62.63
Type
journal article
Language
en
Open access
Locations
  • IEEE Access (publishedVersion, cc-by)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
  • ERA: Education and Research Archive (University of Alberta)
Funders
Government of Alberta under the Major Innovation Fund (RCP-19-001-MIF)
Topics
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
  • Physical Sciences › Computer Science › Computer Networks and Communications › Distributed systems and fault tolerance
Keywords
blockchain, consensus algorithms, distributed ledger technology, blockchain platforms, blockchain applications

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