Type of Blockchain Technology | Type of ntfs | Different types of blockchain.

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Type of Blockchain Technology | Type of ntfs | Different types of blockchain.

Type of Blockchain Technology | Type of ntfs | Different types of blockchain.

There are three types of Blockchain Technology. Which is as follows:

1.Public Blockchain
2.Private Blockchain
3.Hybrid Blockchain

Public Blockchain

Public Blockchain can be easily used by all. Public Blockchain Technology Bitcoin, Litecoin etc. come under different types of public blockchain. If you have high internet connection available in your mobile then you can easily mining the activity of these networks using public blockchain technology.

Type of Blockchain Technology | Type of ntfs | Different types of blockchain.

Private Blockchain

Private Blockchain Technology works exactly opposite to Public Blockchain Technology. People have to take permission to use this technology, because this blockchain technology is controlled by a single party. Private Blockchain technology is used by a very large organization. Examples of private blockchain technology are Hyperledger, Multichain, Ripple, etc.

Hybrid Blockchain

Hybrid Blockchain Technology is a combination of both Public Blockchain and Private Blockchain technology. This blockchain uses both these technologies. And this technology decides what to put in the public blockchain and which in the private blockchain technology. Examples of this are Dragonchain.

We can also call blockchain technology as a series of different blocks, in blockchain technology, information is collected in blocks. The purpose of using blockchain technology is to fix digital documents at a specific time so that backdating or tampering with those documents is not possible at all.

We can call a blockchain a series of different blocks, in which information is collected in these blocks. The purpose of using blockchain is to fix the time stamp of digital documents so that backdating or tampering with them is not possible.

What is blockchain after all?

We can do the blockchain through a series of different blocks, in these blocks a lot of information is hidden. The purpose of using blockchain technology is to fix digital documents at a specific time so that it is not possible to backdate them or tamper with those technologies. Blockchain technology can easily solve the problem of two records without having to use a central server.

By using blockchain technology, we can very easily exchange any money, property, agreement etc. goods without the need of the intermediary of the bank, government or any third party. The main feature of this technology is that once a data is entered inside a blockchain, it is not only difficult but almost impossible to replace that technology.

What is Blockchain?

We can also call blockchain technology as a series of different blocks, different information is hidden in these blocks. The main purpose of using blockchain technology is to fix any digital document at a specific time so that backdating or tampering with them is not possible at all. Blockchain technology can also help us overcome the problem of two types of records without using a central server.

By using blockchain technology, we can easily exchange money, property, agreements etc. to anyone without the need for the intermediation of banks, government or any third party. The main feature of this technology is that once a person’s data is entered inside a blockchain, it is not only very difficult but almost impossible to change it.

Click here to know benefits of Blockchain Technology.

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