articleIEEE AccessJan 1, 2019GOLD OA

A Survey on Consensus Mechanisms and Mining Strategy Management in Blockchain Networks

Nanyang Technological University · University of Technology Sydney · +3 more institutions

Indexed inarxivcrossrefdoaj

Abstract

The past decade has witnessed the rapid evolution in blockchain technologies, which has attracted tremendous interests from both the research communities and industries. The blockchain network was originated from the Internet financial sector as a decentralized, immutable ledger system for transactional data ordering. Nowadays, it is envisioned as a powerful backbone/framework for decentralized data processing and data-driven self-organization in flat, open-access networks. In particular, the plausible characteristics of decentralization, immutability, and self-organization are primarily owing to the unique decentralized consensus mechanisms introduced by blockchain networks. This survey is motivated by the…

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