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In this video we want to discuss the concepts of Public Blockchain, Private Blockchain, and Consortium Blockchain.
The most prevalent type of Blockchain networks is public Blockchain. A public Blockchain is basically an open network and the information that is stored in it is available to the public domain. On the other hand, a private Blockchain network is not available to the public and operates an on invitation-only basis. Such Blockchain networks are controlled and governed by a single entity. Lastly, a consortium Blockchain network or Blockchain consortia is a type of Blockchain network which is controlled and operated by a group of entities, institutes, or organizations. For example, a group of companies can collaborate to operate a consortium Blockchain network.
Watch this video to find out more about these three different types of Blockchain networks.
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#blockchain #crypto #public #Private #Consortium
What Is Public Blockchain And Private Blockchain, types of blockchain: Public blockchain | private blockchain | and blockchain consortia.
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