What are the different types of blockchains?

]Usually, such networks offer economic incentivesfor those who secure them and utilize some type of a Proof of Stakeor Proof of Workalgorithm. Some of the largest, most known public blockchains are the bitcoin blockchain and the Ethereum blockchain. Private blockchains A private blockchain is permissioned.[50]

What is blockchain for Dummies?

Now in its 3rd edition, IBM’s Blockchain for Dummies has introduced blockchain to more than 68,000 readers. Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.

What is a public blockchain?

A public blockchain, also known as an open or permissionless blockchain, is one where anybody can join the network freely and establish a node. Because of its open nature, these blockchains must be secured with cryptography and a consensus system like proof-of-work.

What is IBM Blockchain platform?

The IBM Blockchain Platform is powered by Hyperledger technology. This blockchain solution can help turn any developer into a blockchain developer. Visit the Hyperledger website for details. Can I deploy on any cloud I want?