Advances, Systems and Applications
Table 1 Differences of three types of blockchains
From: IoV data sharing scheme based on the hybrid architecture of blockchain and cloud-edge computing
Blockchain type | user | Bookkeeper | Degree of centralization | propagation velocity | visibility | Consensus mechanism |
|---|---|---|---|---|---|---|
Public Chain | Anybody | All Members | Decentralization | slower | all | Pow,Pos |
Federation Chain | Federation Members | Federation Selected Members | Incomplete Decentralization | Quick | Partially visible | DPos, PBFT |
Private Chain | Internal Company | Administrators | Weak Centralization | Fastest | Internal visibility | PAXOS |