A survey on Blockchain Technology and its




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Huaqun Xingjie - A Survey on blockchain Technology and its Security - 2022 March

Blockchain 
Category 
Consensus Protocols 
Applications 
Scalability 
Blockchain 
Security 
Quantum 
Computing 
Future 
Direction 
Qualitative 
Comparison 
Quantitative 
Comparison 
 [26] 
Yes 
Yes 
 [27] 
Yes 
Yes 
Yes 
Partial 
Yes 
 [59] 
Partial 
[2] [28] 
Yes 
Yes 
Yes 
Yes 
Partial 
 [3] 
Yes 
Yes 
Partial 
Yes 
Yes 
Partial 
Yes 
 [154] 
Yes 
 [29] 
Yes 
Partial 
Yes 
 [30] 
Yes 
 [31] 
Yes 
Yes 
Partial 
Yes 
Partial 
 [32] 
Yes 
 [49] 
Yes 
Yes 
Partial 
Yes 
Yes 
Yes 
 [48] 
Yes 
Partial 
Yes 
[150] 
Yes 
Yes 
Yes 
Partial 
[151] 
Yes 
Partial 
Partial 
Yes 
[152] 
Yes 
Yes 
Surveyed on 
vulnerabilities 
Yes 
Yes 
[153] 
Yes 
Yes 
Yes 
Examined 
security in 
process, data 
and 
infrastructure 
levels 
Yes 
Yes 
This paper 
Yes 
Yes 
As many as 
possible 
Yes 
Yes 
Comprehensive 
Blockchain 
security risk 
categories, real 
attacks, bugs & 
root causes, 
recent security 
measures 
Yes 
Yes 
Journal Pre-proof


IX. 
C
ONCLUSION
This paper has first conducted the deeper survey on the 
Blockchain technology in terms of overview, consensus 
algorithms, smart contract and cryptography for Blockchain. 
It has presented the history of Blockchain, compared five most 
common consensus algorithms and one most different 
consensus algorithm in as many details and as much 
quantitative as possible. Public key cryptography, Zero-
Knowledge Proof and hash functions used in Blockchain have 
been described in details for integrity, authentication, 
nonrepudiation, and payment address required in Blockchain 
systems. This paper has then listed the comprehensive 
applications of Blockchain. It has further presented the rich 
information and comparisons of eight cryptocurrencies as the 
first Blockchain application, supply chain as a widely use case 
and Smart Dubai Office as a first whole government service 
application. Further, the security on Blockchain itself is a 
focus in this paper. It has described the comprehensive 
security risks categories based on Top 10 Web Application 
Security Risks, low level risks and high level risks. It has 
surveyed many real attacks and bugs on Blockchain systems 
and listed out their root causes. The paper has then presented 
the security measures in areas of security analysis, detecting 
malicious codes & bugs, software codes security, privacy 
preserving, and so on. Specially, it has presented and 
compared eleven smart contract bytecode vulnerability 
analysis tools. Finally, the challenges and research trends have 
been presented to build more scalable and securer Blockchain 
systems for the massive deployments.
We hope that our effort will help someone to understand 
the Blockchain technology and Blockchain security issues. 
The users who use Blockchain to do the transactions will pay 
more attention on the security of Blockchain itself. We also 
expect that the researchers will benefit from our study for their 
further research in developing Blockchain technology and 
addressing Blockchain security issues. 
R
EFERENCES
[1] 
M. V. M. P. K. D. F. A. a. M. H. R. M. S. Ali, 
"Applications of blockchains in the internet of things: A 
comprehensive survey," IEEE Communications Surveys 

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