Pros and Cons of a centralised Blockchain network

Pros:

1. Faster Transactions: With fewer decision-makers, transactions can be processed more quickly.

2. Scalability: Centralized systems can often handle more transactions per second compared to decentralized ones.

3. Simplicity: Centralized systems may be easier to set up and manage since they don't require coordination among many nodes.

4. Efficient Governance: Decision-making and governance are centralized, which can lead to quicker responses and smoother operations.

Cons:

1. Single Point of Failure: If the central authority is compromised or goes down, the entire network could be affected.

2. Less Transparent: Centralized systems may lack transparency since they're controlled by a single entity, making it easier for that entity to manipulate data.

3. Vulnerability to Corruption: The central authority could abuse its power or act against the interests of users.

4. Limited Trust: Users have to trust the central authority to act in their best interests, which goes against the ethos of decentralization.