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 Hybrid Blockchain

    • Slower than Public Blockchain: The fact that hybrid blockchain is a combination of two types of blockchain (public and private), means there are more steps involved to complete a transaction. This makes the process of transferring data slower than a public blockchain.
    • Requires Trust: Another con of hybrid blockchain is that it still requires a level of trust. This is because the data is still stored on a centralized server, which is managed by a centralized entity.
    • Vulnerable to Attacks: A hybrid blockchain is also vulnerable to 51% of attacks and other types of attacks. This is because the data is still stored in a centralized server, thus making it easier for hackers to gain access to the network.
    • Limited Access: Another disadvantage of hybrid blockchain is that it is not as transparent as a public blockchain. This is because only the participants of the network have access to the data.