Table 2 Types of blockchain networks
Public blockchain | Private blockchain | Consortium or federated blockchain |
|---|---|---|
Permission open to anyone to run Bitcoin/Litecoin full node | Permission does not open to anyone to run full node | Permission only opened to selected members of the consortium to run full node |
Rights to conduct transactions is granted to anyone | Rights to conduct transaction is not granted to anyone | Rights to conducted transactions is only granted to selected members of the consortium |
Permission to review/audit the blockchain is granted to anyone | Permission to review/audit the blockchain is not granted to anyone | Permission to review/audit the blockchain is granted to only selected members of the consortium |