Friends who enter the cryptocurrency circle will gradually come into contact with many words that are completely unheard of in daily life. Just two days ago, a friend asked me what a public chain is? I believe that many friends will have such questions and will not understand the concept of a public chain. In today's article, I will explain them one by one. 📖
What is a public chain? Here is a detailed explanation! ✏️
Public chain ( #PublicChain ), also known as "public chain", is the most common form of blockchain. It is a decentralized, open and transparent blockchain technology system that supports anyone to participate.
In the Web3.0 era, public chains#Web3 A good and valuable public chain should have decentralization, scalability, security, interoperability, developer-friendliness, a sound ecological and economic system, and an effective governance mechanism.
Such a public chain can provide users and developers with a stable, secure and efficient blockchain infrastructure, and promote the widespread application and development of blockchain technology.
Characteristics of public chains📝
In general, public chains have the following characteristics:
1️⃣ Decentralization
The public chain adopts a decentralized approach, with no central node control and all nodes participating equally. This feature can avoid failures and improve the stability and security of the system.
2️⃣ Open and transparent
A public chain is a blockchain network that anyone can participate in, where transactions and data records can be seen by everyone. Every node can be fairly added to the public chain network, achieving complete transparency.
3️⃣There is almost no access threshold
As long as you have a computer with Internet access, you can access
4️⃣ Strong security
The public chain uses technology based on cryptographic principles, which makes it highly secure in terms of anti-counterfeiting, anti-tampering, and anti-malicious attacks.
Do you still want to know what the pattern and future of public chains will be like? Please be sure to [Like, Comment and Forward], and we will continue to talk about it next time. 👋
