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Mastering Blockchain, Fourth Edition - Fourth Edition
book

Mastering Blockchain, Fourth Edition - Fourth Edition

by Imran Bashir
March 2023
Intermediate to advanced
818 pages
25h 41m
English
Packt Publishing
Content preview from Mastering Blockchain, Fourth Edition - Fourth Edition

5

Consensus Algorithms

Consensus is a fundamental problem in distributed systems. Since the 1970s, this problem has been researched in the context of distributed systems, but a renewed interest has arisen in developing distributed consensus algorithms that are suitable for blockchain networks. In this chapter, we will explore the underlying techniques behind distributed consensus algorithms, their inner workings, and new algorithms that have been specifically developed for blockchain networks.

In addition, we will introduce various well-known algorithms in a traditional distributed systems arena that can also be implemented in blockchain networks with some modifications, such as Paxos, Raft, and PBFT. We will also explore other mechanisms that ...

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Publisher Resources

ISBN: 9781803241067