Table 1.
Consensus Mechanism |
Type of Blockchain Used | Advantages | Limitations |
---|---|---|---|
PoW | public, permissionless | high security, malicious node tolerant | not efficient, high energy consumption, high computation cost |
PoS | public, permissionless | power efficient, high security | concept of “stake” is not applicable in IoT |
PBFT | permissioned | high throughput, low computational overhead |
susceptible to Sybil attacks, poor scalability |