What are the types of blockchains?
Answer / Rohit Martolia
There are several types of blockchains: Public Blockchains (e.g., Bitcoin and Ethereum), which allow anyone to join, create transactions, and view the transaction history. Consortium Blockchains (or Federated Blockchains), where a group of organizations have control over the network and its rules. Private Blockchains (or Permissioned Blockchains), which require permission to join and have centralized controls.
| Is This Answer Correct ? | 0 Yes | 0 No |
How blockchain ledger is differentiated from the normal ledger?
What is the difference between blockchain and distributed ledger?
Can you name few of the platforms for developing the blockchain applications?
Is the blockchain totally different from banking ledger?
What is the difference between the standard ledger and a blockchain ledger?
What are the types of blockchain?
How does the security of a block works?
What do you understand by secret sharing in blockchain?
What is the primary benefit of immutability?
Why blockchain is a trusted approach?
What are block identifiers?
How does peer discovery work in a peer-to-peer (p2p) network?