Examples of 'public blockchain' in a sentence
Meaning of "public blockchain"
This phrase is used in the field of cryptocurrency and refers to a type of blockchain technology that is open and transparent to the public. It allows anyone to participate in the network, view transactions, and verify the integrity of the data. Public blockchains are decentralized and typically associated with cryptocurrencies like Bitcoin and Ethereum
How to use "public blockchain" in a sentence
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public blockchain
A public blockchain has absolutely no access restrictions.
The ecological footprint of a public blockchain is considerable.
Public blockchain does not have a private character.
Verified transactions are then stored in public blockchain.
The public blockchain eliminates intermediaries.
Managing digital trade documents on a public blockchain.
It is a decentralised public blockchain project which is fully open source.
They can simply pull up the public blockchain.
Records in a public blockchain are immutable and secured through cryptography.
Additional security and privacy over a public blockchain.
Zilliqa is a public blockchain platform.
Decentralized consensus can therefore be achieved with a public blockchain.
That system pertains to public blockchain projects and cryptocurrencies.
Such an undertaking would have no interest to use a public blockchain.
Bitcoin is a public blockchain that has exactly those two features.
See also
Voice is based on the public blockchain.
Membership in a public blockchain and participation in its processes has no limits.
Such company would have no need to use a public blockchain.
The difference with the public blockchain is its degree of openness.
This implies that every cryptocurrency blockchain is a public blockchain.
Public blockchain is one way of verifying data by broadcasting it out to everyone.
Nebulas is a new generation public blockchain aiming at a continuously improving ecosystem.
A private blockchain or a consortium blockchain platform is the opposite of a public blockchain.
A public blockchain as it appears from its name is open to the public.
A private blockchain is less expensive and is faster than a public blockchain.
Public blockchain networks such as bitcoin are valuable because of their security value.
Cardano is also a fully open source decentralized public blockchain project.
Monoeci is a public blockchain oriented towards a concrete use as well as a real adoption.
No single entity or small group of people owns or controls a public blockchain.
Ontology is a new generation public blockchain project and a distributed trust collaboration platform.
There is a block explorer available for almost every public blockchain.
Zcash maintains the features of a public blockchain while enabling completely anonymous transactions.
The food producer has teamed up with OpenSC to pilot public blockchain.
This public blockchain model has two main advantages over traditional centralised databases.
Here is a summary diagram explaining how a public blockchain works during a transaction.
Every transaction carried out in a decentralized network is forever recorded on a public blockchain.
A permissionless blockchain is also known as a public blockchain because anyone can join the network.
This is not the first time bonds have been issued using a public blockchain.
Xriba is the first public blockchain protocol aimed at adding transparency to corporate cash flows.
A mechanism for allocating the right to add new blocks of data to a public blockchain.
A public blockchain is distributed across computers called nodes which together form the blockchain network.
The bitcoin blockchain is currently one of the largest examples of a public blockchain network.
A public blockchain based on Cryptonote protocol.
The website also notes that upgrading software in each public blockchain node is difficult.
The public Blockchain and cryptocurrency initiative is usually based on this model.
Anyone with an internet connection can download the entire history of public blockchain transactions.
FLETA is a public blockchain platform with technology and business support services to blockchain projects.
Then the confirmed block and transactions are added and stored on the public blockchain.
VeChain is a public blockchain platform that focuses on supply chain management and smart contracts.
This mode is true for Ethereum as a public blockchain.
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