Consensus algorithm is a crucial part of a blockchain system. In particular, in any blockchain-based Distributed Ledger Technology (DLT) solution the consensus algorithm plays the key role in maintaining consistency of databases. The choice of consensus type during design of the distributed system will inevitably and significantly affect such characteristics as throughput and network load what in turn can impose serious restrictions on functionality or applicability of the whole system. In this research paper we overview the most commonly used algorithms and approaches, the highest attention is paid to those based on the solution of the Byzantine Fault Tolerance problem (BFT). One of the best-known algorithms of that type is the Practical Byzantine Fault Tolerance (PBFT) which has become the basis and the benchmark for a plenty of different BFT algorithms. The focus of this paper is sharpened on a particular PBFT modification known as the Federalized BFT. The aim of this study is to investigate a particular F-BFT-based DLT solution, to compare it with the other systems of that type and to determine areas of its applicability.
Original languageEnglish
Title of host publicationComputational Science and Its Applications – ICCSA 2021 - 21st International Conference, Proceedings
EditorsOsvaldo Gervasi, Beniamino Murgante, Sanjay Misra, Chiara Garau, Ivan Blečić, David Taniar, Bernady O. Apduhan, Ana Maria Rocha, Eufemia Tarantino, Carmelo Maria Torre
Place of PublicationCham
PublisherSpringer Nature
Pages31-41
Number of pages11
ISBN (Print)9783030869724
DOIs
StatePublished - 11 Sep 2021
Event21st International Conference on Computational Science and Its Applications, ICCSA 2021 - Virtual, Online, Italy
Duration: 13 Sep 202116 Sep 2021

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume12952 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference21st International Conference on Computational Science and Its Applications, ICCSA 2021
Abbreviated titleICCSA 2021
Country/TerritoryItaly
CityVirtual, Online
Period13/09/2116/09/21

    Research areas

  • Blockchain, Distributed ledger technology, Smart contracts

    Scopus subject areas

  • Theoretical Computer Science
  • Computer Science(all)

ID: 85563364