Proof of Authority (PoA)
Proof of Authority (PoA) is a consensus algorithm that operates on the concept of identity and trust rather than computational power or stake in the network. PoA is typically used….
Tag: permissionless blockchain
Practical Byzantine Fault Tolerance (PBFT)
Practical Byzantine Fault Tolerance (PBFT) is a consensus algorithm designed to ensure that a distributed system, such as a blockchain network, remains functional even if some of its participants (nodes)….
Permissioned vs Permissionless Blockchains
Blockchain technology is not a single unified concept; rather, it comes in different forms depending on the level of access granted to participants.One of the key distinctions in blockchain design….
Public vs Private Blockchains
Blockchain technology comes in various forms depending on who can participate, access data, and validate transactions. The two primary types are Public Blockchains and Private Blockchains. Each type serves different….