Please enable JavaScript.
Coggle requires JavaScript to display documents.
Blockchain Aspects (brainstorm) - Coggle Diagram
Blockchain Aspects (brainstorm)
TYPES
ACCESS
Permissionless OR Permissioned
VIEW/ SCOPE
Private
Hybrid
Public
BLOCKS
digital
participant info
distinctive
transaction info
Peer-to-peer
more than 1600 blocks
trust
not hacked
trustees
3P verification not required
how it works
verified
stored in blocks
transaction must occur
number identifier
one-way hasher
FinTech
Central Bank
Banks
Consensus/ Algorithm
Delegated P.O.S.
Proof of Stake (P.O.S.)
Proof of Work (P.O.W.)
Disruption
Exponential
"hype cycle" (Gartner)
Order/ Chaos
challenge
crime
terrorism
SMART CONTRACTS
self-governing
DAO (Decentralised Autonomous Organisations)
DLT (Distributed Ledger Tech)
nodes
MINING (can write new blocks)
LIGHTWEIGHT (send transaction to full node)
FULL (accounts for all past data)
PRUNED (verification node owns the last few transactions)
cryptography
immutability (cannot be changed by anyone)
replicated
transparency
distributed + shared
secure