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Why would you have a private network?

Answer Posted / Shashank Saurabh

Private blockchains are often used when there's a need for greater control and privacy compared to public blockchains. A private network is owned and managed by a pre-defined group of participants who can set the rules, validate transactions, and control access to the network. Private networks may be more suitable for enterprise solutions, supply chain management, identity verification, and other scenarios where confidentiality is essential.

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