Some of the major advantages of a consortium blockchain are as follows:
- Known validators and well-connected nodes: The main distinguishing factor of a consortium blockchain is that the validators are (pre) selected nodes and are known to every participant in the network. Think of these nodes as trusted elders within a council that decides who has read and/or write access to the blockchain ledger. Thus, any risk of malicious entities colluding and performing a 51% attack does not apply to this network, since it is easily detectable and can involve legal action. Trusted entities can also be considered well-connected nodes. Owing to the mutual agreements in place and their stake in the network, these trusted entities tend to keep ...
