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  1. Categories >> Software >> Cryptography >> Blockchain
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What are private blockchains?

Question Posted / Munna Kumar

Answer Posted / Munna Kumar

Private blockchains, also known as consortium blockchains, are blockchain networks where access to the network and transaction validation are restricted to a specific group of entities, such as businesses or organizations. Unlike public blockchains like Bitcoin and Ethereum, private blockchains are not fully decentralized but provide increased security and privacy for their participants.

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