What is a Public Blockchain?
A public blockchain is a decentralized environment where anyone can log in and access the data. In order to participate, you only need a stable Internet connection. Because it does not have a centralized entity, the public blockchain is more transparent and thus eliminates corruption. Its consensus algorithm promotes fairness, ensuring that the information is not misused by those with vested interests. It is an excellent choice for decentralized applications, such as cryptocurrency exchanges and digital asset registries. A public blockchain is not governed by a single entity and has no central authority. This means that users will be anonymous…