Phrases with «public blockchain»

A public blockchain is a digital ledger or record-keeping system that is open and transparent to everyone in the world. It is not owned or controlled by any single person or organization. This means that anyone can join the network, participate in creating new blocks of information, and verify or audit the transactions stored on the blockchain. It allows multiple users to collaborate and trust the system without relying on a central authority. Full definition

Related phrases

Sentences with «public blockchain»

  • The issues we've discussed so far focus on public blockchains. (coindesk.com)
  • The second phase of this will be the gradual emergence of public blockchains as the preferred ecosystems for these transactions. (cryptotimes.news)
  • And the second thing we do is we help those institutions connect into — essentially being on - ramp and off - ramp — into various various blockchain networks including public blockchain networks. (businessinsider.com)
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