Blockchain : Know More About Public Blockchain
The Public blockchain is a network that is completely open to everyone without any exceptions and is allowed to participate in all the core activities of the blockchain network. It allows anyone to join, leave, write, read and audit the ongoing activities on the public blockchain network. This helps the public blockchain to maintain its self-governed nature.
With the public blockchain, one can even download it to their computer and can actually go through the history of the blockchain. It can also be used to send and receive money and to even create smart contracts within the blockchain. Another feature of the public blockchain is “mining,” it is used to reward the users who are putting their heart and soul in maintaining the network.
The key feature of this public blockchain or distributed ledger technology is that it is decentralized. This means each and every user or node is equal, blockchain is unchangeable, DDoS resistant, and censorship free. There is no point of attack and the hackers cannot alter or tamper with this information…read more- [https://www.digixhub.com/know-more-about-public-blockchain/](https://www.digixhub.com/know-more-about-public-blockchain/)
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
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