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    Sonal Shridhar Shinde in Introduction to Blockchain Technology

    10-Jan-2023 09:54 AM


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    Types of Blockchains: 1 Public Blockchains

    Public blockchains are networks of computers that are open and available for anyone to use. They are decentralized, meaning no single person or entity controls them.
    People can use these blockchains to request or validate transactions, and those who validate transactions are rewarded.
    Public blockchains use either proof-of-work or proof-of-stake consensus mechanisms to ensure accuracy. Examples of public blockchains include Bitcoin and Ethereum.
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    Source: Blockgeeks.com
    #Publicblockchains #Typesofblockchains