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Consensus: Fueling Blockchain Innovation and DApp Expansion explores the complexities of consensus mechanisms in order to shed light on emerging trends, best practices, and real-world applications that can fuel blockchain innovation while encouraging the dissemination of DApps across various industries. Additionally, the book bridges a crucial gap in the literature by providing in-depth insights into the role of consensus mechanisms in shaping the future of blockchain technology and decentralized applications. This book delves into the fundamentals of blockchain technology along with the roles and significance of vital consensus mechanisms, their underlying principles, formal specifications, functional characteristics, architecture, frameworks, and potential across diverse blockchain applications. Moreover, the book meticulously explores classification, performance metrics, and design parameters. It offers a comprehensive comparative analysis of these mechanisms, shedding light on their computational and communication complexity, strengths, weaknesses, and suitability. Additionally, the book delves into future research directions, highlighting emerging trends and areas requiring further investigation. It also addresses the efforts underway to address existing challenges and open issues within the realm of consensus mechanisms, ensuring a comprehensive understanding of the state-of-the-art in this pivotal aspect of blockchain technology. Due to the wide range of availability and evolving new consensus mechanisms, selecting an optimal and suitable consensus for a specific blockchain application is one of the crucial challenges in the development and innovation of blockchain systems. This book has also a discussion on appropriate selection algorithms based on multi-attribute decision-making for specific blockchain systems and DApps development.
List of contents
1. Introduction to Blockchain
2. Consensus Mechanisms Insights, Performance and Challenges
3. Proof of Work and Variant
4. Proof of Stake Fundamentals, Variant, Applications and Opportunities
5. Byzantine Fault Tolerance Evolution, Principles, Variant and Challenges
6. Hybrid Consensus Principles, Models, and Future Prospects
7. Multi-attribute Decision-Making for Optimal Consensus Selection in DApps
8. Performance optimization of Blockchain
About the author
Dr. Ali Ahmadian is a senior research scientist the Mediterranea University of Reggio Calabria, Italy and an Associate Fellow Researcher at the Institute of IR 4.0, The National University of Malaysia. As an active researcher, he is dedicated to research in applied mathematics. He received his Ph.D. in early of 2014 as the best postgraduate student from Universiti Putra Malaysia (UPM). After his Ph.D. He took a postdoctoral fellowship at same university as part of the numerical analysis research group and at the same time joint to the University of Malaya as an Associate Researcher. He was promoted as a Fellow Researcher on December 2017 in UPM. In 2019, he joined the National University of Malaysia as a senior lecturer where he currently works in the Institute of IR 4.0. In general, his primary mathematical focus is the development of computational methods and models for problems arising in computer science, biology, physics, and engineering under fuzzy and fractional calculus (FC); in this context, he has worked on projects related to nano-communication networks, drug delivery systems, acid hydrolysis in palm oil frond, and carbon nanotubes dynamics, nanofluids, viscosity, AI and etc. He is a member of editorial board in Sustainable Computing: Informatics and Systems, Soft Computing, Journal of control and Decision, Progress in Fractional Differentiation and Applications (Natural Sciences Publishing) and Mathematical Problems in Engineering (Hindawi) and lead guest editor of special issues in more than 50 international journals from Elsevier, Springer, Wiley and so on. He is an author of more than 350 research papers published in as Nature, IEEE, Elsevier, Springer, Wiley and etc. He is an author and editor of four books published and in process in CRC Press and Elsevier, respectively. He also presented his research works in 38 international conferences held in Canada, Serbia, China, Turkey, Malaysia and UAE. He also received Premio Anassilaos Giovani Award for his achievement in art, culture, economics and science from Italy in November 2021.