CHAPTER 5

Private versus Public versus Consortium Blockchains

The subject of a perpetual debate is why public blockchain is a terrible idea because it is slow and cannot confirm so many transactions per second. Another side of the debate is that the private blockchain is nothing but a glorified database. Therefore, consortium blockchain is a compromise between the two. These debates are based on technical attributes distinguishing between the three blockchain types.

In addition to their technical dissimilarities, you should know why one is more suitable than the other for the application or use case one is intending to construct. The thought process here is that a thorough business case and pain points analysis should be used to define which ...

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