Consortium Blockchain
A consortium blockchain is a type of blockchain that is controlled by a group of organizations. These groups share information with each other, but it’s not open to the public. It uses the blockchain's secure and transparent features to keep the information safe and trustworthy.
More terms under C
- Consensus LayerThe consensus layer is an essential part of a blockchain that helps all the computers in the network agree on what the current state of the blockchain is.
- Consensus MechanismA consensus mechanism is a process used in blockchain technology that helps all participants agree on the state of the network. It ensures that everyone has…
- ConsolidationConsolidation in trading happens when a cryptocurrency's price stays within a specific range, showing that traders are unsure about whether it will go up or…
- Consumer CryptoConsumer Crypto means easy-to-use apps and services based on blockchain technology that fit into daily life, even for those who aren't tech-savvy.
- Consumer Price Index (CPI)The Consumer Price Index (CPI) measures how the prices of a set group of goods and services change over time, helping us understand inflation and the cost of…
- ContractA contract is an agreement between two people. In the world of cryptocurrencies, a smart contract is a program that automatically runs on the blockchain to…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.