Cryptocurrency Q&A
Is ethereum a public or private blockchain?
Is ethereum a public or private blockchain?
DigitalDuke
Sun Jan 05 2025
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7
answers
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I am trying to understand the nature of Ethereum blockchain. I want to know whether Ethereum is a public blockchain accessible to everyone or a private one restricted to certain users.
7 answers
Bianca
Tue Jan 07 2025
Polygon is a scaling solution for Ethereum, also falling under the category of public blockchains.
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Eleonora
Tue Jan 07 2025
Rewards are given to participants who contribute to the network's security and functionality.
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GeishaCharm
Tue Jan 07 2025
Transactions on a public blockchain are limited in number and are verified through a consensus mechanism.
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Martino
Tue Jan 07 2025
A public blockchain operates without a central authority or organization exercising control over the network.
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SumoPowerful
Tue Jan 07 2025
Bitcoin is an example of a public blockchain that operates in a decentralized manner.
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