Table 3 Comparison between probabilistic and deterministic finality.

From: Comparative evaluation and simulation of blockchain consensus mechanisms for secure and scalable peer to peer energy trading in microgrids

Property

Probabilistic finality

Deterministic finality

Used in

PoW, some PoS (e.g., Nakamoto-style)

PBFT, Tendermint, HotStuff

Finality guarantee

Statistical

Absolute (cryptographic + quorum)

Time to finality

Depends on \(k\), 1–60 min

1–2 rounds ( 1–3 seconds)

Rollback risk

Exists, diminishes with depth

None, unless \(> \frac{n}{3}\) validators are malicious

Latency impact

High

Low

Suitability for P2P energy

Low (delays in billing/settlement)

High (supports real-time clearing)