Paper 2019/1286 Original: eprint.iacr.org/2019/1286 ↗

Comparison of proof-of-work based blockchains against federated consensus and proof-of-validation based blockchains

Ambili K N
Jimmy Jose
Abstract

This paper reports the results of survey done on the architecture and functionalities involved in blockchains. Moreover, it reports the results of comparison between proof-of-work-based blockchains, Bitcoin and Ethereum, against federated consensus-based blockchain, Ripple, and proof-of-validation-based blockchain, Tendermint, along the parameters like peer to peer network setup and maintenance, cryptocurrency involved, details of transaction execution and validation, block creation, block validation and consensus protocol and application development.

Metadata
Available format(s)
PDF
Category
Applications
Publication info
Preprint.
History
2019-11-07: last updated
2019-11-07: published
Short URL
https://ia.cr/2019/1286
License
https://creativecommons.org/licenses/by/4.0/

BibTeX

@misc{cryptoeprint:2019/1286,
      author = {Ambili K N and Jimmy Jose},
      title = {Comparison of proof-of-work based blockchains against federated consensus and proof-of-validation based blockchains},
      howpublished = {Cryptology {ePrint} Archive, Paper 2019/1286},
      year = {2019},
      url = {https://eprint.iacr.org/2019/1286}
}
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