Computer and Modernization ›› 2020, Vol. 0 ›› Issue (06): 34-.

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Safety Analysis of Three Classic Blockchain Consensus Mechanisms

  

  1. (School of Electronics and Information Engineering, Hunan University of Science and Engineering, Yongzhou 425199, China)
  • Received:2019-10-10 Online:2020-06-24 Published:2020-06-28

Abstract: Blockchain technology originated from the emergence of bitcoin. With the popularity of bitcoin and other digital currencies in the financial market, blockchain technology has attracted wide attention from all circles. The consensus mechanism is the core of blockchain technology, and the ledger and data on the blockchain are the products of the consensus mechanism. Once the safety of the consensus mechanism is in question, the availability and credibility of blockchain will be seriously hit. Starting from the security of the consensus mechanism, this paper first introduces the concepts of blockchain and consensus mechanism, and then makes a comparative analysis of three classic blockchain consensus mechanisms. By studying the attack methods of the three consensus mechanisms one by one, their consistency and adversary models are compared. Finally, the limitations of current consensus mechanism safety analysis are pointed out, and the direction of future research on consensus mechanism safety is determined.

Key words:  blockchain, consensus mechanism, safety analysis

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