Advantages

Some of the major advantages of a public blockchain are as follows:

  • Everybody can join: You can become a member of the blockchain network as easily as by downloading and installing the required software on your computer device. Software can be downloaded from the website of the blockchain platform provider and, in most cases, in multiple formats (full or light client). Clients can usually be installed on Windows, macOS, and Linux-based desktops/laptops, but some offer clients for different devices, such as mobile phones and USB-based hardware wallets. Since everybody can join the network, a public blockchain is designed to cut out centralized monopolies or "middlemen," and they reduce costs, for example, by providing a huge network ...

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