Public Blockchain

Par CoinGecko | Mis à jour le Mar 03, 2020
In contrast to permisioned blockchain - where participation and access into the blockchain data requires authorisation, a public blockchain such as Bitcoin is completely is free and available to the public. Anyone can join and view its data. Public blockchain adheres to the original Bitcoin Protocol ethos of not having a central authority to overwrite anyone's authority. Public blockchains are resistance to censorship and foreign interference as it has no single point of failure.

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Related Terms

Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
Unspent Transaction Output
(abbv. "UXTO") Coins that are unspent in the wallet. Uxto virtually represents the cryptocurrency one own in the wallet.
Soft cap
Targeted fund raising limit of an ICO
Stale Block
Double mined blocks that are not included in the blockchain.
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