Chapter Ten: Core components of blockchain☆
Shubhani Aggarwal; Neeraj Kumar Thapar Institute of Engineering & Technology, Patiala, Punjab, India
Abstract
In the blockchain network, there are two types of nodes such as miner nodes and normal nodes. The miner nodes are used for authentication, auditing, and validating the transactions and normal nodes are used to verify those transactions. Similarly, based upon several criteria, blockchain systems are classified as public and private blockchains. A public blockchain provides an open platform for people from various organizations and backgrounds to join, transact, and mine whereas private blockchain is used to facilitate private sharing and exchange of data among a group of individuals. ...
