A public blockchainIn contrast to a permissioned blockchain - where participation and access into the blockchain data requires authorization, a public blockchain... Read More is a digital ledgerA digital ledger is an online record of transactions. The digital ledger tracks financial or other data. Read More that is transparent, decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More, and secure. Public blockchainsA blockchain is a distributed database that is shared among the nodes of a computer network. Read More allow anyone to join, view and verify transactions without a central authorityA central authority is an entity that holds centralized control over something, such as a financial exchange, asset, or transaction.... Read More. A public blockchainA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... such as the Bitcoin blockchainThe Bitcoin blockchain is a shared public ledger that records all bitcoin transactions. It is constantly growing as "completed" blocks... Read More is free and available to the public. Public blockchains adhere to the original Bitcoin protocolThe Bitcoin protocol is the underlying set of rules governing the operation of the Bitcoin network. These rules define new... Read More ethos of not having anyone’s authority overwritten by a centralAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More authority. Public blockchains have no single point of failure and are resistant to censorship and foreign interference.
