The Type of Blockchains
Types of Blockchains:
Public Blockchains:
Open to anyone, with no restrictions on who can participate in the network or validate transactions. They are decentralized and operate without a central authority.
Operate under the control of a single organization or group, which restricts who can participate. They are typically used for internal business processes or among trusted participants.
A hybrid model where a group of organizations jointly manage the blockchain. Participation is restricted to approved entities, and these blockchains often balance decentralization with privacy and control.