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
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.