An Investigation of Advancements in Blockchain Consensus Algorithms & Leading Protocols

By providing decentralized, transparent, and secure solutions, blockchain technology has revolutionized a number of sectors. The consensus algorithm is one of its key elements that has a substantial impact on both its performance and dependability. The most recent developments in blockchain consensus algorithms are reviewed and analyzed in-depth in this research paper. It assesses well-known protocols, highlighting their advantages, disadvantages, and uses in diverse fields. This work helps to the continuous improvement of blockchain systems by illuminating the evolution of consensus algorithms, promoting wider usage.