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A Survey of Distributed Consensus Protocols for Blockchain Networks

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文献基本信息

标题

A Survey of Distributed Consensus Protocols for Blockchain Network

作者

  1. Yang Xiao, Virginia Polytechnic Institute and State University
  2. Ning Zhang, Washington University in St. Louis
  3. Wenjing Lou, Virginia Polytechnic Institute and State University
  4. Y. Thomas Hou, Virginia Polytechnic Institute and State University

出版年份

2019

来源

arXiv

关键词

摘要

Since the inception of Bitcoin, cryptocurrencies and the underlying blockchain technology have attracted an increasing interest from both academia and industry. Among various core components, consensus protocol is the defining technology behind the security and performance of blockchain. From incremental modifications of Nakamoto consensus protocol to innovative alternative consensus mechanisms, many consensus protocols have been proposed to improve the performance of the blockchain network itself or to accommodate other specific application needs.

In this survey, we present a comprehensive review and anal- ysis on the state-of-the-art blockchain consensus protocols. To facilitate the discussion of our analysis, we first introduce the key definitions and relevant results in the classic theory of fault tolerance which helps to lay the foundation for further discussion. We identify five core components in a blockchain, namely, block proposal, block validation, information propagation, block finalization, and incentive mechanism. Various blockchain con- sensus protocols are then compared and analyzed using the five- component analysis framework. These analyses provide us new insights in the fundamental differences of various proposals in terms of their suitable application scenarios (i.e. key assump- tions), expected fault tolerance, scalability, and drawbacks.

We believe this survey will provide blockchain developers and researchers a comprehensive view on the state-of-the-art consensus protocols and facilitate the process of designing future protocols.

引用方式

Xiao, Yang, Ning Zhang, Wenjing Lou, and Y. Thomas Hou. “A Survey of Distributed Consensus Protocols for Blockchain Networks.” arXiv preprint arXiv:1904.04098 (2019).

链接

https://arxiv.org/pdf/1904.04098

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