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Jan 3 in BlockChain
Q: Private Blockchains

1 Answer

Jan 3

These blockchains are owned and controlled by a particular individual or organization.

That is, they are open only to a consortium or group of individuals or organizations who have decided to share the ledger among themselves.

There are various blockchains now available in this category, such as HydraChain and Quorum.

Optionally, both of these blockchains can also run in public mode if required, but their primary purpose is to provide a private blockchain.

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