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dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:permissioned [2021/08/13 11:34] murphy [2.3.2.2 Permissioned Networks] |
dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:permissioned [2021/10/05 18:32] (current) nick ↷ Links adapted because of a move operation |
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====== 2.3.2.2 Permissioned Networks ====== | ====== 2.3.2.2 Permissioned Networks ====== | ||
- | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll|return to Network Access Control ]] | + | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:start|return to Network Access Control ]] |
[[dido:public:ra:xapend:xapend.a_glossary:p:permissioned| Permissioned Networks]] (Glossary Definition) | [[dido:public:ra:xapend:xapend.a_glossary:p:permissioned| Permissioned Networks]] (Glossary Definition) | ||
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==== Benefits of Permissioned Networks ==== | ==== Benefits of Permissioned Networks ==== | ||
* **Decentralization** \\ | * **Decentralization** \\ | ||
- | <wrap>The degree of decentralization for permissioned networks is a business decision. The extent and quality of decentralization depends upon the number of peers (i.e., nodes), the expected number of bad nodes in the network, and the type of [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm| consensus]] mechanism determined by the [[dido:public:ra:xapend:xapend.a_glossary:s:stakeholder|stakeholder]]. [[dido:public:ra:xapend:xapend.a_glossary:p:permissioned_blockchains|Permissioned blockchains]] usually employ an algorithm such as [[dido:public:ra:xapend:xapend.a_glossary:b:byzantine_fault_tolerance]], which differs from the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (PoW)]] algorithm(( | + | <wrap>The degree of decentralization for [dido:public:ra:xapend:xapend.a_glossary:p:permissioned|permissioned networks]] is a business decision. The extent and quality of decentralization depends upon the number of peers (i.e., nodes), the expected number of bad nodes in the network, and the type of [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm| consensus]] mechanism determined by the [[dido:public:ra:xapend:xapend.a_glossary:s:stakeholder|stakeholder]]. [[dido:public:ra:xapend:xapend.a_glossary:p:permissioned_blockchains|Permissioned blockchains]] usually employ an algorithm such as [[dido:public:ra:xapend:xapend.a_glossary:b:byzantine_fault_tolerance]], which differs from the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (PoW)]] algorithm(( |
"Nuances Between Permissionless and Permissioned Blockchains", | "Nuances Between Permissionless and Permissioned Blockchains", | ||
Anant Kadiyala, | Anant Kadiyala, | ||
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* **Scalability and Performance** \\ | * **Scalability and Performance** \\ | ||
- | <wrap>Permissioned blockchains use [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm| consensus]] mechanisms, which are computationally inexpensive (when compared to [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (PoW)]]). Therefore, they enjoy substantially better scalability and [[dido:public:ra:xapend:xapend.a_glossary:p:performance|performance]] than their [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:permisionless| permissionless network]] cousins(( | + | <wrap>Permissioned blockchains use [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm| consensus]] mechanisms, which are computationally inexpensive (when compared to [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (PoW)]]). Therefore, they enjoy substantially better [[dido:public:ra:xapend:xapend.a_glossary:s:scalable|scalability]] and [[dido:public:ra:xapend:xapend.a_glossary:p:performance|performance]] than their [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:permisionless| permissionless network]] cousins(( |
"Nuances Between Permissionless and Permissioned Blockchains", | "Nuances Between Permissionless and Permissioned Blockchains", | ||
Anant Kadiyala, | Anant Kadiyala, |