2020
DOI: 10.3390/cryptography4040032
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A Taxonomy of Blockchain Consensus Methods

Abstract: For a blockchain, consensus is the foundation protocol that enables cryptocurrencies such as Bitcoin to maintain state. Additionally, to ensure safety and liveness for a publicly accessible and verifiable ledger, fault tolerance must be robust. However, there appears to be a degree of misunderstanding about how consensus is applied across blockchains. To assist researchers considering variations between them, this study presents a rational classification of consensus methods applied to current blockchains. The… Show more

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Cited by 42 publications
(31 citation statements)
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“…For the sake of space, we refer readers interested in interoperability to [9]. Generally, 2PC is not used for blockchain consensus [29], but rather for communication across blockchains. Fynn et al presented a Move operation that can migrate accounts and arbitrary computation across Ethereum virtual machine based chains [18].…”
Section: Related Workmentioning
confidence: 99%
“…For the sake of space, we refer readers interested in interoperability to [9]. Generally, 2PC is not used for blockchain consensus [29], but rather for communication across blockchains. Fynn et al presented a Move operation that can migrate accounts and arbitrary computation across Ethereum virtual machine based chains [18].…”
Section: Related Workmentioning
confidence: 99%
“…Therefore, it is important to educate students on the fundamental ideas behind blockchain technology, develop a more in-depth and distinct comprehension of these ideas, and educate students on real-time blockchain applications and the mechanisms underlying various consensus protocols. Investigate the most recent developments that have been made using blockchain technology [19]. Taking classes from a training provider officially recognized as fulfilling certain standards is the best way to acquire useful and marketable skills.…”
Section: Background Studymentioning
confidence: 99%
“…Generally, 2PC is not used for blockchain consensus [29], but rather for communication across blockchains. Fynn et al presented a Move operation that can migrate accounts and arbitrary computation across Ethereum virtual machine based chains [18].…”
Section: Related Workmentioning
confidence: 99%