Public Blockchain

Od użytkownika CoinGecko | Data aktualizacji 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

Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Gwei
The monetary domination of gas, involving Ether
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
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