Journal of Computer and Communications

Volume 10, Issue 9 (September 2022)

ISSN Print: 2327-5219   ISSN Online: 2327-5227

Google-based Impact Factor: 1.12  Citations  

A Review: Consensus Algorithms on Blockchain

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DOI: 10.4236/jcc.2022.109003    468 Downloads   2,667 Views  Citations

ABSTRACT

Blockchain is a distributed public ledger that keeps track of all transactions that have ever taken place in the system. As a distributed ledger, a consensus mechanism is required to ensure all the transaction functions properly. In order to reach a consensus, it is critical to emphasize the importance of performance and efficiency. The use of the right consensus algorithm will significantly improve the efficiency of a blockchain application. This paper reviewed several types of consensus algorithms used in blockchain and discusses the idea of a new consensus algorithm that can improve the performance of consortium blockchain.

Share and Cite:

Yusoff, J. , Mohamad, Z. and Anuar, M. (2022) A Review: Consensus Algorithms on Blockchain. Journal of Computer and Communications, 10, 37-50. doi: 10.4236/jcc.2022.109003.

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