By implementing robust consensus mechanisms, blockchain networks can provide a reliable and transparent foundation for a wide range of applications, including supply chain management, financial services, healthcare, and more. This is possible only because of the presence of the consensus protocol which is a core part of any blockchain network Hence we have presented a survey in which we delved into blockchain consensus algorithms and conducted a comparative analysis of all the consensus algorithms to provide information about each protocol’s advantages and drawbacks.
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Consensus protocols for tolerating byzantine faults have received renewed attention because they also address blockchain systems
This work discusses the process of assessing and gaining confidence in the resilience of a consensus protocols exposed to faults and adversarial nodes.
In this post, i will introduce a list of blockchain protocols that exist and explain their respective pros and cons from an economic perspective in 2025 Previous studies concentrated on surveying and/or proposing different blockchain consensus rules, on a specific consensus issue like attacks, randomization, or on deriving theoretical results. We first introduce the theoretical basis, models, and challenges of blockchain consensus protocols.
