Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

blockchain technoloogy private blockchains public blockchains public vs private blockchains

An Introduction to Public vs Private Blockchains

Written By Ivan on Tech

Nov 20, 2020

Blockchain technology, which was largely popularized by Bitcoin, became famous for using decentralized, transparent, censorship-resistant and immutable ledgers. After Bitcoin first came into the public consciousness, cryptocurrencies have become increasingly popular throughout the last decade. When most people think of blockchains, they usually think of public blockchains such as Bitcoin or Ethereum, but private blockchains are being implemented by all types of businesses, large and small. So, what is the discussion of public vs private blockchains all about?

In this article, we look at the key differences between public vs private blockchains and some of the exciting projects creating enterprise-ready solutions to implement blockchain infrastructure in a way that is scalable and can be tailored to the needs of individual businesses. Depending on the desired use case, both private and public blockchains have their own advantages.

Nevertheless, taking a look at public and private...

Continue Reading...

Get our Free Ebook

Enter your email and we will send it to you!