A split in the blockchain network

A new version of the blockchain

A type of consensus mechanism

A block that is invalidated

Proof of Authority (PoA)

Proof of Work (PoW)

Delegated Proof of Stake (DPoS)

Proof of Elapsed Time (PoET)

Proof of Authority (PoA)

Proof of Work (PoW)

Delegated Proof of Stake (DPoS)

Proof of Elapsed Time (PoET)

Greater central control and oversight

Reduced security and data protection

Increased transparency and accountability

Faster transaction processing times

An application that runs on a single central server

An application that runs on a distributed network of computers

An application that runs on a private blockchain

An application that runs on a public blockchain

A type of digital currency used in blockchain transactions

A cryptographic technique used to secure blockchain data

A device or computer that participates in validating and storing blockchain data

A way to authenticate the identity of the sender of a message

A type of digital currency used in blockchain transactions

A device or computer that participates in validating and storing blockchain data

A cryptographic technique used to secure blockchain data

A proof-of-work algorithm used to validate new blocks in the blockchain

A cryptographic technique used to secure blockchain data

A proof-of-work algorithm used to validate new blocks in the blockchain

A situation where the blockchain splits into two separate chains with different data

A way to authenticate the identity of the sender of a message

A technique for ensuring that all nodes in the network validate and agree on the same data

A cryptographic technique used to secure blockchain data

A proof-of-work algorithm used to validate new blocks in the blockchain

A way to authenticate the identity of the sender of a message

The presence of multiple nodes that validate and store the same data

The ability of a single entity to control the entire blockchain network

The use of a central server to store and manage all blockchain data

The ability of a single user to access all blockchain data