public blockchain
Public blockchain are decentralized networks that allow anyone to participate, verify transactions, and access the blockchain’s data. Examples include Bitcoin and Ethereum, which promote transparency and security through consensus mechanisms like proof of work or proof of stake. Since they are open to all, public blockchains foster trust among users, making them ideal for applications like cryptocurrency and decentralized finance (DeFi). However, they can face challenges such as scalability and energy consumption. This guide delves into the features and benefits of public blockchains, highlighting their role in shaping the future of digital transactions and applications
- Cryptocurrency and Blockchain
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