International Journal of Computer Applications |
Foundation of Computer Science (FCS), NY, USA |
Volume 183 - Number 16 |
Year of Publication: 2021 |
Authors: Ridha P., Varnika Bagaria, Sampada K.S. |
10.5120/ijca2021921492 |
Ridha P., Varnika Bagaria, Sampada K.S. . Comparative analysis of Consensus Algorithms in Blockchain Technologies. International Journal of Computer Applications. 183, 16 ( Jul 2021), 35-41. DOI=10.5120/ijca2021921492
The blockchain is a decentralized framework that gives immutability, protection, security, and transparency. There is no central authority present to approve and check the transaction, yet every transaction in the Blockchain is viewed as totally secured and verified. This is conceivable simply because of the presence of the consensus convention which is a centerpiece of any Blockchain network. The consensus mechanism numerically permits millions of nodes spread throughout the planet to concur on the production of blocks. Thusly, consensus algorithms accomplish unwavering quality in the Blockchain arrangement and build up trust between obscure peers in a distributed processing environment.