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Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

In the high-stakes race to develop more scalable blockchains, some platforms (Binance, Cosmos, EOS, TRON, etc.) have adopted committee-based consensus (CBC) protocols, whereby the blockchain's record-keeping rights are entrusted to a…

Cryptography and Security · Computer Science 2022-12-02 Alon Benhaim , Brett Hemenway Falk , Gerry Tsoukalas

Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-18 Xiaohui Zhang , Mingying Xue , Xianghua Miao

Permissioned Blockchains are increasingly considered in enterprise use-cases, many of which do not require geo-distribution, or even disallow it due to legislation. Examples include country-wide networks, such as Alastria, or those deployed…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-27 Manuel Bravo , Zsolt István , Man-Kit Sit

Blockchain is a decentralised, immutable ledger technology that has been widely adopted in many sectors for various applications such as cryptocurrencies, smart contracts and supply chain management. Distributed consensus is a fundamental…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-05 Siamak Abdi , Giuseppe Di Fatta , Atta Badii , Giancarlo Fortino

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

Since the inception of Bitcoin, the distributed systems community has shown interest in the design of efficient blockchain systems. However, initial blockchain applications (like Bitcoin) attain very low throughput, which has promoted the…

Databases · Computer Science 2020-04-28 Suyash Gupta , Sajjad Rahnama , Mohammad Sadoghi

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

Cryptography and Security · Computer Science 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal

Byzantine Fault Tolerant (BFT) consensus forms the foundation of many modern blockchains striving for both high throughput and low latency. A growing bottleneck is transaction execution and validation on the critical path of consensus,…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-25 Ignacio Amores-Sesar , Mirza Ahad Baig , Seth Gilbert , Ray Neiheiser , Michelle X. Yeo

The blockchain has found numerous applications in many areas with the expectation to significantly enhance their security. The Internet of things (IoT) constitutes a prominent application domain of blockchain, with a number of architectures…

Cryptography and Security · Computer Science 2021-09-09 Sotirios Brotsis , Nicholas Kolokotronis , Konstantinos Limniotis , Stavros Shiaeles

Throughput limitations of existing blockchain architectures are well documented and are one of the most significant hurdles for their wide-spread adoption. In our previous proof-of-concept work, we have shown that separating computation…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance , Maor Zamski

Blockchain is a distributed ledger technology that has applications in many domains such as cryptocurrency, smart contracts, supply chain management, and many others. Distributed consensus is a fundamental component of blockchain systems…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-05 Siamak Abdi , Giuseppe Di Fatta , Atta Badii , Giancarlo Fortino

The blockchain technology has achieved tremendous success in open (permissionless) decentralized consensus by employing proof-of-work (PoW) or its variants, whereby unauthorized nodes cannot gain disproportionate impact on consensus beyond…

Information Theory · Computer Science 2018-03-26 Zhiyuan Jiang , Bhaskar Krishnamachari , Sheng Zhou , Zhisheng Niu

A blockchain is a distributed ledger for recording transactions, maintained by many nodes without central authority through a distributed cryptographic protocol. All nodes validate the information to be appended to the blockchain, and a…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-10 Christian Cachin , Marko Vukolić

With the advancement of blockchain systems, many recent research works have proposed distributed ledger technology~(DLT) that employs Byzantine fault-tolerant~(BFT) consensus protocols to decide which block to append next to the ledger.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-21 Christian Berger , Signe Schwarz-Rüsch , Arne Vogel , Kai Bleeke , Leander Jehl , Hans P. Reiser , Rüdiger Kapitza

With the continuous expansion of blockchain application scenarios, consortium chains have raised higher performance and security requirements for consensus mechanisms. Unlike public blockchains, consortium chains typically implement an…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-20 Wen Gao , Xinhong Hei , Yichuan Wang

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

Permissionless blockchain technology offers numerous potential benefits for decentralised applications, such as security, transparency, and openness. BFT-based consensus mechanisms are widely adopted in the permissioned blockchain to meet…

Cryptography and Security · Computer Science 2024-07-08 Ziqiang Xu , Ahmad Salehi Shahraki , Naveen Chilamkurti

The blockchain technology enables mutually untrusting participants to reach consensus on the state of a distributed and decentralized ledger (called a blockchain) in a permissionless setting. The consensus protocol of the blockchain imposes…

Cryptography and Security · Computer Science 2019-03-12 Chunpeng Ge , Siwei Sun , Pawel Szalachowski
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