Centralized blockchain, also known as permissioned or private blockchain, is a variant of distributed ledger technology (DLT) that deviates from the fully decentralized nature of public blockchains like Bitcoin and Ethereum. In a centralized blockchain, a single entity or a consortium of trusted participants controls the network, validating transactions and maintaining the integrity of the system. Access to the network and participation is restricted to authorized users, typically governed by pre-defined rules and permissions #BRC20 #blockchains #cryptocurrency