Trending technologies

#AWS #Azure #Blockchain #IOT #machine learning #Virtual Reality #Analytics #Business Intelligence

Tutorials

Blogs

  1. Both centralized blockchains are shared in nature.
  2. Both centralized and decentralized blockchains are peer to peer networks.
  3. In order to maintain a single ledger, centralized and decentralized blockchains need a consensus mechanism.
  4. Any node participating in the decentralized blockchain can make administrative changes to the blockchain network whereas only the controlling entity can make administrative changes in the blockchain network in the case of centralized blockchain.
  5. Centralized blockchains are more restrictive in nature when compared to the decentralized blockchains.
  6. Decentralized blockchains are more common than centralized blockchains due to their user-friendly nature.
  7. Everybody can use decentralized blockchains, whereas centralized blockchain can only be used by selective individuals who have access to them from the blockchain control power.
  8. Compared to the decentralized blockchain, centralized blockchains provide consumers more privacy.
  9. Decentralized blockchains consume more power when compared to centralized blockchains.
  10. The decentralized blockchains are not authenticated by any government or agency, while the centralized blockchains are authenticated by the blockchain organizations.
  11. Decentralized blockchains have no controlling authority whereas the centralized blockchains have a centralized controlling authority.

You might be like some selected videos from youtube

error: Content is protected !!