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How do they differ from public blockchains?



How do they differ from public blockchains?..

Answer / Archana Pundir

Private and consortium blockchains differ from public blockchains in terms of their access, governance, and transparency. Private blockchains are permissioned, meaning only specific entities or individuals have access to read or write data on the network. Consortium blockchains, on the other hand, are semi-decentralized, where a group of organizations has control over the network but maintains a higher level of transparency compared to private blockchains.

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