Difference between Public and Private Blockchains in Blockchain Technology

Public blockchains are open and decentralized networks where anyone can participate and access the network. Transactions on public blockchains are transparent and accessible to anyone on the network.

Private blockchains, on the other hand, are permissioned networks where access is restricted to selected participants. Transactions on private blockchains are not visible to everyone and are kept confidential among network participants.

In summary, the main difference between public and private blockchains lies in their level of decentralization and access control. Public blockchains offer transparency and accessibility to anyone, while private blockchains provide confidentiality and restricted access to selected participants.