Public Blockchain

Blogs IT, Cloud, Software and Technology

Posted 2025-05-07 11:35:19

A public blockchain is a decentralized network where anyone can join, read, and write data without needing permission. Examples include Bitcoin, Ethereum, and Solana. These blockchains ensure transparency and security through consensus mechanisms like Proof of Work or Proof of Stake. Public blockchains power cryptocurrencies, DeFi platforms, NFTs, and decentralized applications by providing open access and censorship resistance. They are maintained by a global community of nodes and miners, enabling trustless transactions and fostering innovation across diverse industries.

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