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
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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