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In this video on “Consensus in Blockchain”, you will get to learn the next important topics of your Blockchain journey. In this video, you will gain an understanding of what is needed for Consensus, the basic parameters of a Consensus Mechanism and Proof-of-Stake. You will then learn what Side Chains are, what it offers and lastly, Blockchain types. So, without wasting even a minute, hop on into the video!
🔵 What are Side Chains?
A sidechain is a secondary blockchain that is linked to the primary blockchain by a two-way peg. Sidechains may have their own consensus protocols that differ significantly from the mainchain protocol. Ideally, a sidechain can enhance the functionality, privacy, and security of typical vanilla blockchains.
🔵 What are the types of Blockchains?
On the basis of applications, Blockchains are divided into three types-
Public Blockchain
Private Blockchain
Consortium / Hybrid Blockchain
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