Operations Research Transactions ›› 2020, Vol. 24 ›› Issue (1): 23-39.doi: 10.15960/j.cnki.issn.1007-6093.2020.01.003

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Development and prospect of blockchain consensus mechanism

LIU Mingxi1, GAN Guohua2,3, CHENG Yukun4, XIAO Lin5, LIU Shuai5,6, FANG Yong5,6,*   

  1. 1. Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China;
    2. Beijing Tai Cloud Technology Co., LTD, Beijing 100029, China;
    3. School of Computer&Communication Engineering, University of Science and Technology Beijing, Beijing 100083, China;
    4. School of Business, Suzhou University of Science and Technology, Suzhou 215009, China;
    5. Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing 100190, China;
    6. School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190, China
  • Received:2019-06-03 Published:2020-03-09

Abstract: As a decentralized infrastructure and distributed computing paradigm, blockchain technology has attracted a great attention from government departments, financial institutions, technology enterprises, capital markets, and so on. As the core advantage of blockchain technology, how to obtain an efficient consensus in the distributed system is an important issue which restricts the development and application of blockchain technology. At present, several research institutions and companies have proposed different consensus mechanisms applied in different application scenarios. In this paper, we conduct an in-depth analysis of several typical consensus mechanisms and their different deformation. Through comparison, the advantages and disadvantages of existing consensus mechanisms have been illustrated. Moreover, the basic requirements of new consensus mechanism have also been defined. Finally, some basic ideas in the designing of new consensus mechanism have been proposed.

Key words: blockchain, consensus mechanism, distributed system, consistent

CLC Number: