Blockchain: consensus algorithm key performance indicators, trade-offs, current trends, common drawbacks, and novel solution proposals

• Main Authors: Merrad, Yacine, Habaebi, Mohamed Hadi, Elsheikh, Elfatih A. A., Suliman, Fakher Eldin. M., Islam, Md. Rafiqul, Gunawan, Teddy Surya, Mesri, Mokhtaria
• Format: Article
• Language: English
• Published: MDPI 2022
• Subjects: TK7885 Computer engineering
• Online Access: http://irep.iium.edu.my/99198/7/99198_Blockchain_consensus%20algorithm%20key%20performance%20indicators.pdf; http://irep.iium.edu.my/99198/; https://www.mdpi.com/journal/mathematics; https://doi.org/10.3390/math10152754
• Institution: Universiti Islam Antarabangsa Malaysia

Consensus protocols stand behind the success of blockchain technology. This is because parties that distrust each other can make secure transactions without the oversight of a central authority. The first consensus protocol emerged with Bitcoin. Since then, many others have appeared. Some of them...