lolol https://rmg.royalmint.com/faqs/
What is a permissioned blockchain?

Prova for RMG® is a permissioned blockchain protocol. Many of the blockchain consortiums that build private blockchains for financial institutions and other enterprises follow this model.

A permissioned blockchain restricts the actors who can contribute to the consensus of the system state. In a permissioned blockchain, only a restricted set of users have the rights to validate the block transactions.

Permissioned blockchains do not have to use the computing power based mining to reach a consensus, as all the actors are known.

Permissioned blockchains work to a Proof of Stake model (PoS) for reaching consensus instead. Proof of stake mining asks users to prove ownership of a certain amount of currency (their “stake” in the currency). Instead of buying computers and electricity for mining in a Proof of Work system, a PoS system uses the capital to acquire assets that allow you to validate transactions.
Gran says


“Gold has probably had an argument that it’s been a store of value for 6,000 years, bitcoin’s a bit younger and the future of bitcoin is uncertain.”

btw, I hate this now. Flint has probably had an argument that it's been a good fire-starter for 60,000 years, lighters are a bit younger and blabla