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When Internet of Things Meets Blockchain: Challenges in Distributed Consensus

Published: 01 November 2019 Publication History

Abstract

Blockchain has been regarded as a promising technology for IoT, since it provides significant solutions for decentralized networks that can address trust and security concerns, high maintenance cost problems, and so on. The decentralization provided by blockchain can be largely attributed to the use of a consensus mechanism, which enables peer-to-peer trading in a distributed manner without the involvement of any third party. This article starts by introducing the basic concept of blockchain and illustrating why a consensus mechanism plays an indispensable role in a blockchain enabled IoT system. Then we discuss the main ideas of two famous consensus mechanisms, PoW and PoS, and list their limitations in IoT. Next, two mainstream DAG based consensus mechanisms, the Tangle and Hashgraph, are reviewed to show why DAG consensus is more suitable for IoT system than PoW and PoS. Potential issues and challenges of DAG based consensus mechanisms to be addressed in the future are discussed in the last section.

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  • (2025)Distributed and Parallel Blockchain: Towards a Multi-Chain System With Enhanced SecurityIEEE Transactions on Dependable and Secure Computing10.1109/TDSC.2024.341753122:1(723-739)Online publication date: 1-Jan-2025
  • (2025)IG-PGFT: A secure and efficient intelligent grouping PBFT consensus algorithm for the Industrial Internet of ThingsCluster Computing10.1007/s10586-024-04791-y28:2Online publication date: 1-Apr-2025
  • (2024)Blockchain applications for Internet of Things (IoT)Multiagent and Grid Systems10.3233/MGS-23007419:4(363-379)Online publication date: 4-Mar-2024
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Published In

cover image IEEE Network: The Magazine of Global Internetworking
IEEE Network: The Magazine of Global Internetworking  Volume 33, Issue 6
Nov.-Dec. 2019
201 pages

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IEEE Press

Publication History

Published: 01 November 2019

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Cited By

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  • (2025)Distributed and Parallel Blockchain: Towards a Multi-Chain System With Enhanced SecurityIEEE Transactions on Dependable and Secure Computing10.1109/TDSC.2024.341753122:1(723-739)Online publication date: 1-Jan-2025
  • (2025)IG-PGFT: A secure and efficient intelligent grouping PBFT consensus algorithm for the Industrial Internet of ThingsCluster Computing10.1007/s10586-024-04791-y28:2Online publication date: 1-Apr-2025
  • (2024)Blockchain applications for Internet of Things (IoT)Multiagent and Grid Systems10.3233/MGS-23007419:4(363-379)Online publication date: 4-Mar-2024
  • (2024)Presync: An Efficient Transaction Synchronization Protocol to Accelerate Block PropagationIEEE Transactions on Network and Service Management10.1109/TNSM.2024.343233421:5(5582-5596)Online publication date: 1-Oct-2024
  • (2024)Blockchain-Based Lightweight Message Authentication for Edge-Assisted Cross-Domain Industrial Internet of ThingsIEEE Transactions on Dependable and Secure Computing10.1109/TDSC.2023.328580021:4(1587-1604)Online publication date: 1-Jul-2024
  • (2024)Scalable Blockchain-Based Data Storage in Internet of ThingsIEEE Communications Magazine10.1109/MCOM.001.220095462:1(40-45)Online publication date: 1-Jan-2024
  • (2023)Blockchain Technology Applied to Supply Chain ManagementMobile Information Systems10.1155/2023/60465032023Online publication date: 1-Jan-2023
  • (2023)A Privacy-Preserving Blockchain Platform for a Data MarketplaceDistributed Ledger Technologies: Research and Practice10.1145/35738942:1(1-16)Online publication date: 14-Mar-2023
  • (2023)A Framework for QoS-Guaranteed Fast Access Services in Blockchain Radio Access NetworkIEEE Transactions on Wireless Communications10.1109/TWC.2023.330241523:4(2711-2725)Online publication date: 11-Aug-2023
  • (2023)Blockchain-Aided Edge Computing Market: Smart Contract and Consensus MechanismsIEEE Transactions on Mobile Computing10.1109/TMC.2021.314008022:6(3193-3208)Online publication date: 1-Jun-2023
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