A Study on Public Blockchain Consensus Algorithms: A Systematic Literature Review

Islahuddin Jalal; Zarina Shukur; Khairul Azmi Abu Bakar

doi:10.20944/preprints202011.0355.v1

Preprint Review Version 1 Preserved in Portico This version is not peer-reviewed

Version 1 : Received: 11 November 2020 / Approved: 12 November 2020 / Online: 12 November 2020 (15:02:25 CET)

The purpose of this study is to present a systematic review of the literature on public blockchain consensus algorithms. Blockchain consensus algorithms have gain much popularity in last few years especially in the cryptocurrency field. Based on a systematic review of the relevant literature, we provide a classification of blockchain consensus algorithms, philosophy behind creation of blockchain consensus algorithms and as well as the rewards and incentive strategies of various public blockchain consensus algorithms. On the basis of these results, the research gaps and future work directions are identified for further study.

blockchain consensus; consensus algorithms; rewards; incentives

MATHEMATICS & COMPUTER SCIENCE, Algebra & Number Theory

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A Study on Public Blockchain Consensus Algorithms: A Systematic Literature Review

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