Consensus Algorithm | Platform Examples | Pros | Cons | Type |
---|---|---|---|---|
Cellular Automaton Consensus | Theoretical | |||
Delegated Byzantine Fault Tolerance (dBFT) | NEO |
https://coinrivet.com/delegated-byzantine-fault-tolerance-dbft-explained/ |
https://coinrivet.com/delegated-byzantine-fault-tolerance-dbft-explained/ | |
Delegated Proof of Stake (DPoS) | Steem, EOS, BitShares, Steemit, Lisk, Ark |
https://www.verypossible.com/insights/pros-and-cons-of-the-delegated-proof-of-stake-consensus-model |
https://www.verypossible.com/insights/pros-and-cons-of-the-delegated-proof-of-stake-consensus-model | Collaborative Consensus |
Directed Acyclical Graphs (DAGs) | Iota, HashGraph, Byteball, RaiBlocks/Nano, Obyte |
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| |
Fast Probabilistic Consensus (FPC) | Theoretical | |||
Leased Proof of Stake (LPoS) | Waves |
https://www.mycointainer.com/insight/a-complete-guide-to-leased-proof-of-stake-lpos/ |
https://www.mycointainer.com/insight/a-complete-guide-to-leased-proof-of-stake-lpos/ | |
Practical Byzantine Fault Tolerance (pBFT) | Stellar, Ripple, Hyperledger Fabric |
https://www.geeksforgeeks.org/practical-byzantine-fault-tolerancepbft/ | There are two categories of failures that are considered. One is fail-stop(in which the node fails and stops operating) and other is arbitrary-node failure. Some of the arbitrary node failures are given below :
https://www.geeksforgeeks.org/practical-byzantine-fault-tolerancepbft/ | |
Proof of Activity (PoA) | Espers and Decred | Collaborative Consensus |
||
Proof of Authority (PoAuth) | Parity PoA |
https://tokens-economy.gitbook.io/consensus/chain-based-hybrid-models/proof-of-authority-poa |
https://tokens-economy.gitbook.io/consensus/chain-based-hybrid-models/proof-of-authority-poa | Centralized Consensus |
Proof of Burn (PoB) | Slimcoin, TGCoin (Third Generation Coin) |
https://academy.binance.com/en/articles/proof-of-burn-explained |
https://academy.binance.com/en/articles/proof-of-burn-explained | |
Proof of Capacity (PoC) | Burstcoin and SpaceMint, IPFS |
https://www.investopedia.com/terms/p/proof-capacity-cryptocurrency.asp |
https://www.investopedia.com/terms/p/proof-capacity-cryptocurrency.asp | Collaborative Consensus |
Proof of Elapsed Time (PoET) | Hyperledger Sawtooth, Resource-Efficient Mining (REM) |
|
| |
Proof of Importance (PoI) | NEM |
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| |
Proof of Stake (PoS) | Ethereum, Dash, Peercoin, Decred, Reddcoin, PivX, NEO Project, Zcoin, Tezos |
|
| Competitive Consensus |
Proof of Weight (PoW) | Algorand, Filecoin, Chia |
|
| Competitive Consensus |
Proof of Work (PoW) | Bitcoin, Litecoin, ZCash, Primecoin, Monero, Vertcoin |
https://blockdaemon.com/blog/proof-of-work-vs-proof-of-stake-whats-the-difference/ |
https://blockdaemon.com/blog/proof-of-work-vs-proof-of-stake-whats-the-difference/ | Competitive Consensus |
[char] Do general review of this page
[char] Decide if it's worthwhile to fix the unordered lists so they look better in pdfexport