Reader small image

You're reading from  Mastering Blockchain - Fourth Edition

Product typeBook
Published inMar 2023
PublisherPackt
ISBN-139781803241067
Edition4th Edition
Concepts
Right arrow
Author (1)
Imran Bashir
Imran Bashir
author image
Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

Right arrow

Introducing the consensus problem

The distributed consensus problem has been studied extensively in distributed systems research since the late 1970s. Distributed systems are classified into two main categories, namely message passing and shared memory. In the context of blockchain, we are concerned with the message passing type of distributed systems, where participants on the network communicate with each other via passing messages to each other.

Blockchain is a distributed system that relies upon a consensus mechanism, which ensures the safety and liveness of the blockchain network.

In the past decade, the rapid evolution of blockchain technology has been observed. Also, with this tremendous growth, research regarding distributed consensus has grown significantly. Researchers from industry and academia are especially interested in researching novel methods of consensus. A common research area is to convert traditional (classical) distributed consensus mechanisms into their blockchain...

lock icon
The rest of the page is locked
Previous PageNext Page
You have been reading a chapter from
Mastering Blockchain - Fourth Edition
Published in: Mar 2023Publisher: PacktISBN-13: 9781803241067

Author (1)

author image
Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir