First of all, we will talk about the strings of words. In the world of cryptocurrencies, blockchain technology is where cryptocurrencies can be mined and operated in the relevant market. The global blockchain, as the name implies, is a series of many different blocks. To create a chain of blocks, many blocks are interconnected and interconnected where users work and earn the corresponding cryptocurrency according to the taste of the chain of blocks.
But there are two other types of blockchains. One of them is private series and the other is public series. A private chain, as it is called, is a chain where the entire control of the chain is in the hands and influence of a central authority or central control unit. Private China is only synonymous with central blockchains. In such chains, consumers must follow the rules and regulations set by the Central Authority or Chinese developers. If a person transacts on a private chain, he must first obtain permission from the central authority, or in other words, the transaction is done with the involvement of the central authority. But public relations is a completely different matter.
Public chain is a chain without any central processing unit or central authority that controls transactions on the system and system chain. The public chain, as the name implies, is a chain in which the public can express their opinion and is free to use the functions of the chain. It is like a decentralized system where there is no central authority to control the system and handle the transactions in the system. All consumers in private China are treated equally and there is no central authority. All funds and transactions are controlled by the users themselves. They can transact anywhere and anytime without permission from the central authority or developers. In addition, public media transactions are visible to the transparent media but cannot be edited or modified.
As we have briefly discussed the public chain in the previous sections, I will now discuss the advantages and disadvantages of public chains.
There are several benefits to using public chains:
One of the most important advantages of Public China is that Public China is very secure in terms of privacy. Because consumers have control over their transactions and funds, they feel comfortable in this type of chain.
Another advantage of the public chain is that the data stored on the public chain can only be edited and modified by the author or creator of that data. No one can edit your data and this behavior prevents user data from being lost.
The private sector is a system in which all consumers are treated equally and no distinction is made between the higher authorities and the lower castes. In this way the power of self-confidence is instilled in the public consumers and they develop the system together with the higher authorities.
The public chain became a means of coordination between top officials and new customers. The youngsters seek guidance from senior officers and strive to grow.
As I mentioned earlier, all control is in the hands of the users and thus hackers have no way to hack the system or send spam.
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