Episode 12 - Public and Private Chains
In this episode, we understand types of blockchain networks depending on who can read the state and who can participate in block production (updating the state).
Private or Public state
Permissionless or Permissioned block production
In a permissionless blockchain, anyone can participate in the block production process, while in a permissioned blockchain, only selected nodes can produce blocks.
In a public blockchain, anyone can read the state (data), while in a private blockchain, only the intended users or nodes can read the data.