CONSENSUS ALGORITHMS OF BLOCKCHAIN TECHNOLOGY OF INCREASING THE RELIABILITY OF INFORMATION

Akbar Rashidov; Akmal Akhatov; Fayzullo Nazarov

Computer and Information Engineering | Article | Published 2022

CONSENSUS ALGORITHMS OF BLOCKCHAIN TECHNOLOGY OF INCREASING THE RELIABILITY OF INFORMATION

Authors:

Fayzullo Nazarov

Collection: Фан ва технологиялар тараққиёти

Keywords: Data Reliability, Blockchain Technology, Consensus Algorithms, Blockchain Layers, Cryptography, Distributed Registry’.

Abstract

Annotation. In this study, the mechanisms and algorithms of consensus algorithms in blockchain technologies are studied. The essence of consensus algorithms is given in the application cases. Consensus algorithms analyze the content and differences between the application of PoW and PoS algorithms and determine the parameters to increase data reliability. The layers of the blockchain and the mechanisms for applying consensus in these layers have been studied. The study was conducted to increase data security and reliability based on the integration of cryptographic methods with consensus algorithms.

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