Public Blockchain

A public blockchain is an open, decentralized network where anyone can participate in the validation of transactions and access data.

A public blockchain is an open, decentralized network where anyone can participate in the validation of transactions and access data. Public blockchains, such as Bitcoin and Ethereum, are designed to be transparent, secure, and immutable. They are used for various applications, including cryptocurrencies, decentralized finance (DeFi), and smart contracts. Because anyone can join, public blockchains promote decentralization and trustless systems. They are widely recognized for their strong security and resistance to censorship, though they can face scalability issues due to the open-access model.


Jack Farris

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