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Table 2 Detailed comparison of Blockchain categories

From: Rampant Smoothing (RTS) Algorithm: an optimized consensus mechanism for private Blockchain enabled technologies

Property

Blockchain categories

Private

Public

Confederation

Trust

Needs trust-building

Trustable

Trustable

Competence

High

Low

High

Centralized

Partial

No

Partial

Unanimity process

Yes

No

Partial

Permission (Read)

Hybrid (restricted or public)

Public

Hybrid (restricted or public)

Permission (Write)

Interdentally controlled

Public

Specified devices

Transaction speed (TPS)

Fast (approximately 2400 TPS)

Slow (approximately 7 to 15 TPS)

Fast

Immutability

Tempering is possible

Tempering hard or impossible

Tempering is possible

Proof-of-stake (Minting)

Eligible

Eligible

Eligible

Power consumption per transaction (with network of 104 devices)

101 J

103 J to 108 J

Scalability

Dependent on network size (traffic and throughput)

Example

Corda, etc

Ethereum, etc

R3, etc

  1. Underline: It is a ‘Naming Convention’ that refers to a convention (agreed scheme) for naming things