i
Blockchain Architecture: Important Terminologies (Hashes & Hashing Function)
Transaction
Understanding The Blockchain Ecosystem & Architecture
Making a Blockchain Application
Ethereum: Blockchain 2.0
What is Ethereum and Overview of Ethereum
Ethereum Terminologies
Decentralized Autonomous Organization (DAO)
Ethereum Mining & Ethereum Network and Usages
Smart Contract
Installing the Ethereum Development Environment
Supporting Technologies for Ethereum
What Future holds: Blockchain 3.0: Supply Chain
Financial System
Healthcare
Internet Of things( IoT)
Fundraising (ICO & STO)
Governance
Scalability And Solutions to Scalability
Proof of Stake and Off-Chain State Channels
Increase In Block Size
Segregated Witness
Market Readiness
If the blockchain is designed for a more than one organisation. In this type of blockchain, only trusted set of nodes are part of the network. It will have better transaction throughput generally.
There could be other classifications also possible like Permissioned and permissionless.
Advantages
1. Multiple organisations can be part of the same network and help resolve supply chain issue.
2. Parties are trusted entities.
Generally, one node from each organisation will be part of the network and once the transaction is confirmed; that node will broadcast that to his organisation.
3. Transaction throughput is higher.
Disadvantages
1. Parties are not anonymous.
2. Similar to Private Blockchain with multiple organisations.
Don't miss out!