Consensus Mechanism and the Ecosystem Map of Infrastructure Blockchain
According to the description of the Web3 Stack and Multicoin thesis, infrastructure blockchains include various of public chains: such as Bitcoin, Ethereum, Polkadot, Cardano, Solana, etc., which may or may not have smart contracts.
The above network protocols are divided into some academic categories:
- Data storage and distribution agreement
- Data and information exchange protocol
- Interactive platform, etc.
Among them, their consensus mechanism constitutes an important part of these infrastructure networks and plays an important role in their operation.
In the above graph, we have listed several infrastructures that are most worthy of our attention. Here are all the current blockchains based on their own underlying blockchain framework that enable smart contracts. This is also called the Layer-1 blockchain. We can find that the majority of consensus protocols such as PoS and Delegated are applied. There are still many blockchain projects that are not listed here. Some of them are their own public chains and scaling solutions. There are NEAR, Avalanche, etc., and more hidden gems with relatively influential market attention, such as FLOW, Waves, WAX, Cocos-BCX, Kadena , Saito and other public chains.
On the next research section, we will review the development history of the infrastructure chains applying different consensus mechanisms.
Stay tuned!
