Private Blockchain

« Back to Glossary Index

It is a kind of blockchain where only a single organization preserves the authority over the network. This means that it is not open to anyone from the public to join. These blockchain solutions are known to be quite stable as just a few people can initiate the transactions that results in lower congestion and fewer delays.

« Back to Glossary Index

Check Also

new-mining-strategies-crypto-halving

New Mining Strategies You Need To Incorporate After Crypto Halving

Good News! The Bitcoin network has already crossed its 800,000th block at the end of …