FinTechIntro / FinTechIntro/2024-Spring-Final

Blockchain architecture comparison

Open
#16 12 comments 0 reactions 3 assignees Claimed by @hsutzu View on GitHub
Blockchain topics
Dominant language
No language data
Stars
0
Forks
0
PR merge metrics
No merged PRs in 30d

Description

## Summary
> Please give a short summary of this research topic.

Various blockchain systems adopt distinct architectures, including different consensus mechanisms such as Proof of Work (PoW), Proof of Stake (PoS), and more. For this topic, we anticipate your research to cover at least three blockchain ecosystems and their technical implementations, and make a comparative analysis among them.

## Description
> Please provide a detailed description to the topic.

In the Bitcoin blockchain network, the Proof of Work (PoW) consensus mechanism is employed, relying on computational power to validate transactions and secure the network. On the other hand, Ethereum transitioned from PoW to Proof of Stake (PoS) after "The Merge," a significant upgrade for improving scalability, security, and energy efficiency. Solana, however, adopts a different architecture.

Researching these topics to understand each consensus mechanism, their impact on network security, scalability, energy consumption, and transaction throughput. Comparing these architectures would involve analyzing their respective strengths and weaknesses in terms of decentralization, efficiency, security, and suitability for various use cases.

## Source
> Please provide related resource for the topics, including articles, research papers and more.

[60 Days of Solana](https://www.rareskills.io/solana-tutorial)

[Bitcoin Book](https://github.com/bitcoinbook/bitcoinbook)

[Ethereum Book](https://github.com/ethereumbook/ethereumbook)

## Others
> Please provide more information if there is any.

None

Contributor guide

No contributing guide indexed for this repository

Assessment

This issue has not been assessed yet.

Get new issues in your inbox

A short digest of beginner-friendly GitHub issues.