A Blockchain is a decentralized database that stores data that all network participants can access. The central authority is no longer in charge of maintaining this public database by running a cryptographic protocol with designated nodes. Bitcoin is presently the latest object within the Blockchain, and the Bitcoin node can confirm the transaction content and package deal it into the block. Through the underlying consensus agreement, the blockchain ensures the consistency of the information. These consensus algorithms are unique because the set of rules protection assumptions differs from the actual requirements. This paper provides information and compares various blockchain consensus algorithms, classifies advancement based entirely on blockchain consensus, and highlights the benefits.
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5 June 2024
INTERNATIONAL CONFERENCE ON RESEARCH IN SCIENCES, ENGINEERING, AND TECHNOLOGY
28–29 November 2022
Warangal, India
Research Article|
June 05 2024
Consensus algorithms of blockchain Available to Purchase
Vedika Jorika;
Vedika Jorika
a)
1
Sumathi Reddy Institute of Technology for Women
, Warangal, Telangana, India
a)Corresponding author : [email protected]
Search for other works by this author on:
Nagaratna Medishetty
Nagaratna Medishetty
b)
2
JNTUH-Hyderabad
, Telangana, India
Search for other works by this author on:
Vedika Jorika
1,a)
Nagaratna Medishetty
2,b)
1
Sumathi Reddy Institute of Technology for Women
, Warangal, Telangana, India
2
JNTUH-Hyderabad
, Telangana, India
a)Corresponding author : [email protected]
AIP Conf. Proc. 2971, 020025 (2024)
Citation
Vedika Jorika, Nagaratna Medishetty; Consensus algorithms of blockchain. AIP Conf. Proc. 5 June 2024; 2971 (1): 020025. https://doi.org/10.1063/5.0195791
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