Interpretation of Consensus Mechanism in Block Chain and Its Future Development Trend

DOI

10.2991/cecs-18.2018.75How to use a DOI?

Keywords

Block chain; consensus mechanism; evaluation criteria; consensus mechanism algorithm.

Abstract

At present, block chain has become a data thinking mode. In view of the decentralization characteristic of block chain, the consensus mechanism emerges, which to guarantee the generation of valuable data and information in a friendly, democratic and open form. Firstly, the position and role of consensus mechanism in the block chain are defined; secondly, the evaluation criteria and specification of consensus mechanism are grasped; thirdly, the algorithms of consensus mechanism are analyzed and compared; finally, the future development trend of consensus mechanism is predicted. Through the analysis of the above consensus mechanism, consensus mechanism plays a very important role in the process of the continuous change and innovation of block chain technology; at the same time, it also enhances its robustness, universal applicability and artificial intelligence.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sirui Yang
PY  - 2018/07
DA  - 2018/07
TI  - Interpretation of Consensus Mechanism in Block Chain and Its Future Development Trend
BT  - Proceedings of the 2018 International Symposium on Communication Engineering & Computer Science (CECS 2018)
PB  - Atlantis Press
SP  - 441
EP  - 446
SN  - 2352-538X
UR  - https://doi.org/10.2991/cecs-18.2018.75
DO  - 10.2991/cecs-18.2018.75
ID  - Yang2018/07
ER  -