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.
Share this with a friend!
Related Terms
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) is a look-up service that allows Ethereum users to find websites or send and receive funds via simple names.
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
Immutable
A property characterized by inability to be change and stays unchanged over time.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.