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
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
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