The evolution of blockchain: Transactions, contracts and applications

Cointelegraph

Published Apr 03, 2022 07:00PM ET

Updated Apr 04, 2022 09:00PM ET

Blockchain networks run on permission-based consensus methods, enabling various levels of use depending on a user’s needs and permission level.

Aside from the blockchain generations, there are also different types of blockchain when viewed from a permission-based angle. Some of those permission types are public, permissioned or private blockchains. Each of these types offers a different use case for a company or user’s needs. When asked to list the three types of blockchain, you’ll now know the answer.

Public blockchain/h3

Permissioned blockchain/h3

Private blockchain/h3

Hybrid Blockchains/h3

Continue Reading on Coin Telegraph