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0x0000...0001 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 20 Stranger 2 Jun 12 2023 14:15

What is the difference between public and private blockchains?

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What is the difference between public and private blockchains?

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undefined 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 0 Stranger 0 Nov 30 2023 11:26

  • Public Blockchains are permissionless and open to anyone connected to the internet, offering decentralization, transparency, and security. Bitcoin, Ethereum, and Solana are examples.
  • Private Blockchains are restrictive and operate within closed networks, suitable for internal use within organizations. Examples include Hyperledger Fabric and R3 Corda.