Many of the major blockchains are permissionless, like Bitcoin. However, permissioned chains are also commonly used when access needs to be decided rather than public, for example, in private enterprises. Learn the differences and use-cases for both 👇
Not every permissionless blockchain is decentralized, but they typically have the potential to be highly decentralized. Anyone can participate in the consensus mechanism or use a permissionless network should they wish and have the resources to do so.Users can actively participate in and decide on network changes.
If you’re looking to use a blockchain in a private environment, such as a business or government setting, a permissioned blockchain would be more suitable. Again, your blockchain doesn’t have to follow the usual characteristics associated with permissioned blockchains; it could be completely transparent and open for public view.
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