An analysis of consensus algorithms for transactions validation in blockchain system

Authors

  • Edis Mekić Depatramnt Technical Sciences State University of Novi Pazar
  • Safet Purković Depatramnt Technical Sciences State University of Novi Pazar

Keywords:

Block chain, Proof of Work (PoW),, Proof of Stake (PoS), Proof of Burn (PoB)

Abstract

Block chain systems and their implementation are in the focus of the it business community. In order to promote and combat technological and economical challenges Blockchain systems adopted different ways to validate effects of the system members. This work will analyze Proof of Work (PoW), Proof of Stake (PoS) and Proof of Burn (PoB) in top blockchain systems.

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Published

25-09-2021

How to Cite

Mekić, E., & Purković, S. (2021). An analysis of consensus algorithms for transactions validation in blockchain system. E-Business Technologies Conference Proceedings, 1(1), 148–150. Retrieved from https://ebt.rs/journals/index.php/conf-proc/article/view/64

Issue

Vol. 1 No. 1 (2021): E-business technologies Conferences Proceedings 2021

Section

Blockchain

License

Copyright (c) 2021 Edis Mekić, Safet Purković

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.