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consensus algorithm

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While most people are familiar with public blockchains like Bitcoin and Ethereum, a lesser-known but equally important type of blockchain is quietly reshaping enterprise adoption: the consortium blockchain. This semi-private model allows a group of organizations to jointly maintain a blockchain network, offering both decentralization and controlled governance. In this guide, we’ll explain what consortium blockchains are, how they differ from public and private chains, and why they are especially useful in industries like banking,…