Intermediate
Blockchain & Web3
Q58 / 100
What is the difference between a "permissioned" and "permissionless" blockchain?
Correct! Well done.
Incorrect.
The correct answer is A) A permissioned blockchain restricts participation to approved/known entities; a permissionless one allows anyone to join and participate
A
Correct Answer
A permissioned blockchain restricts participation to approved/known entities; a permissionless one allows anyone to join and participate
Explanation
Permissioned blockchains (e.g., Hyperledger Fabric) are often used by consortiums of known organizations, trading some decentralization for performance and privacy compared to public permissionless chains.
Progress
58/100