Blockchain Technology Categories
Blockchain , an open, accessible and fair-financial future. It is revolutionizing the financial services industry empowering millions across the globe to authenticate and transact without costly intermediaries. Blockchain can be categorized as follows: These categories can be further compared with Consortium which is an association of several companies. Public vs. Private vs. Consortium Public Private Consortium Permissionless Permissioned Permissioned Authority No centralized management Single organization Multiple organizations Access Open read/write Permissioned read and/or write Permissioned read and/or write Speed Slower Faster Faster Security Proof of Work Proof of Stake Other consensus Mechanisms Pre-approved participants Voting or...