Difference between public blockchain and permissioned blockchain

Blockchain technology is an aspect that is a booming industry and has been in the hype ever since, even though slowly but gradually. The more one learns about blockchain the more inquisitive one gets and one such topic is public and permissioned blockchain.

A Public Blockchain is a permissionless blockchain meaning that it lets everyone be a part or join the network, for instance, the users can write, read or participate in a public blockchain.

A Permissioned Blockchain is a network that requires access or permission to be a part or to join the network. In this blockchain, there is a set of controller that governs the action performed by the users that are allowed to participate in the network.

Both the blockchains, however, have one thing in common that they record their transaction data through consensus amongst the distributed nodes. They all maintain synchronization to the copy of the present and past data of every node and as the new data is updated both the blockchains being public and permissioned look for their consensus in accepting and updating the ledgers distributed of the blockchain data.

Also Read, What are the important features of Blockchain?

A Public and Permissioned Blockchain has many of its features however it is important to understand that both the Blockchain may vary but are not competitors to each other as its usages are meant for a purpose and yet has the same baseline of the Blockchain in either of the cases.

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