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

    Disadvantages of Consortium Blockchain

     

    • Decisions are made by a group of people which can lead to centralization.
    • It is less transparent as the participants are known.
    • It is not completely secure as the participants can collude.
    • It is less decentralized as the decisions are made by a group of people.