Course Content
Basic components of Blockchain technology
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Relevant techniques in blockchain technology
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Consortium Blockchain
A consortium blockchain is a type of blockchain network where several organizations or entities work together to maintain the network. Unlike public blockchains where anyone can participate, and private blockchains where a single entity controls the network, consortium blockchains offer a middle ground.
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Cryptocurrency Investing Course
    About Lesson

    Advantages of Consortium Blockchain

    • The key advantage of Consortium blockchain is its ability to limit the number of participants.
    • It is ideal for business transactions as it is fast, efficient, and secure.
    • A consortium blockchain is less vulnerable to cyber-attacks as it is not completely open.
    • It is more scalable than a public blockchain.