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Blockchain Protocols: Transforming the Web We Know

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ICT with Intelligent Applications ( ICTIS 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 719))

Abstract

The concept of Decentralized Internet or Web3.0 has gained the audience’s attention and has shown exponential growth. The researcher’s community believes that Web3.0 is the next big step in the progression of the web we know now. Bitcoin whitepaper made Blockchain famous among researchers and developers. Blockchain is the technology that provides Decentralization, Auditabilty, Consistency, and Anonymity. The introduction of blockchain protocols compatible with smart contracts such as Ethereum, Near, Polygon, Solana, etc., makes it easier for the developer to quickly build Decentralized Applications, i.e., Dapps. These Decentralized Applications create Decentralized Internet and an alternative to web2.0. In this research paper, We have extensively discussed the core Blockchain technology inspired by the Bitcoin whitepaper and four Blockchain protocols: Ethereum, Near, Solana, and Polygon. We have distinguished these protocols based on the Consensus mechanism, Level of Blockchain, Speed of Transactions, Smart Contracts, etc.

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Author information

Authors and Affiliations

  1. Department of Information Technology, Delhi Technological University, New Delhi, 110042, India

    Hitesh Jangid & Priyanka Meel

Authors
  1. Hitesh Jangid
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  2. Priyanka Meel
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Corresponding author

Correspondence to Hitesh Jangid .

Editor information

Editors and Affiliations

  1. Hertfordshire Business School, University of Hertfordshire, Hatfield, Hertfordshire, UK

    Jyoti Choudrie

  2. Department of AI and DS, Vishwakarma Institute of Information Technology, Pune, India

    Parikshit N. Mahalle

  3. Department of Computer Science, Faculty of Computer Science and Information Technology, Universiti Putra Malaysia, Serdang, Selangor, Malaysia

    Thinagaran Perumal

  4. Global Knowledge Research Foundation, Ahmedabad, Gujarat, India

    Amit Joshi

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Jangid, H., Meel, P. (2023). Blockchain Protocols: Transforming the Web We Know. In: Choudrie, J., Mahalle, P.N., Perumal, T., Joshi, A. (eds) ICT with Intelligent Applications. ICTIS 2023. Lecture Notes in Networks and Systems, vol 719. Springer, Singapore. https://doi.org/10.1007/978-981-99-3758-5_49

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