Difference between revisions of "Permissioned Blockchain"
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It is hard to trust a collection of blockchain miners that are entirely self-
It is hard to trust a collection of blockchain miners that are entirely self-and often to opaque areas, like China, where they can operate in secret.
Revision as of 11:09, 9 April 2021
Full Title or Meme
Permissioned Blockchains can be seen as an additional blockchain security system, as they maintain an access control layer to allow certain actions to be performed only by certain identifiable participants.
- Typically Blockchains will be public or private blockchains. Permissioned blockchains fit in between these.
- The Permissioned Blockchain could be part of a federation or trust ecosystem where trust is shared by all the members of the ecosystem.
- The term permissionless blockchain is a retronym which literally means everything less, but typically means a blockchain build on a public distributed ledger technology (DLT).
It is hard to trust a collection of blockchain miners that are entirely self-appointed and often migratie to opaque geographical areas, like China, where they can operate in secret.