Wipro Limited
METHOD AND SYSTEM FOR PERFORMING ADAPTIVE CONSENSUS IN A DISTRIBUTED LEDGER NETWORK

Abstract:

A method and system for performing adaptive consensus in a distributed ledger network are disclosed. The method includes identifying a selector node from plurality of nodes within distributed ledger network, based on random selection algorithm. The method includes adaptively selecting set of consensus nodes from plurality of nodes based on set of predefined node parameters and plurality of sensitivity parameters to create an unverified block in a ledger of each of adaptively selected set of consensus nodes. The method includes computing hash value for each of at least one new transaction in distributed ledger network. The method includes performing consensus based on computed hash value for identifying set of valid transactions in unverified blocks created by each of adaptively selected set of consensus nodes. The method includes creating verified block including set of valid transactions, and commits verified block to distributed ledger in distributed ledger network.