Permissioned Blockchain
By CoinGecko | Updated on Mar 03, 2020
It is a private blockchain where the nodes must be previously authorized by a central entity. The transactions included in the general ledger, a limited consensus test was carried out and carried out by trusted participants, being easier to maintain and faster than free access networks.
Related Terms
Mining Reward
The reward resulting from contributing computing resources to process transactions
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Hard cap
The maximum amount that an ICO will be raising.
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
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