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What are the different types of blockchains?

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The blockchain is a decentralized distributed database of immutable records. The technology was discovered with the invention of Bitcoins(the first cryptocurrency). It’s a trusted approach and there are a lot of companies in the present scenario which are using it. As everything is secure, and because it’s an open source approach, it can easily be trusted in the long run.

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There is never much money, and no matter how much you earn, you always want more. Cryptocurrency gives such an opportunity, but it is a very long-term investment. And very risky. You need to study this market well and choose the currency in which you are most confident. And there’s the Netbox.Global extra revenue option — the first decentralized web browser with an integrated blockchain site. It includes Netbox.Wallet, which receives rewards for active use of the browser. You use it like a normal browser, and for this, coins arrive in the form of a bonus for you.

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7 hours ago, Utsha said:

There are many wallet in crypto.But blockchain wallet is one of the successful wallet. This wallet give us many futured. I am also using blockchain wallet. Now most of the people used this wallet.

Yes you are right about this, blockchain wallet is the best, there are more wallets out there and everyone on them is different from the other in many features like security levels, fees, transactions speed and other ones 

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Blockchain is technology , there are many technologies based on blockchain ,   diffrent coins have their own blockchain , like Ltc has its own chain ,eth have its own blockchain

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10 hours ago, Tashfik said:

I think there are many different in blockchain wallet. This wallet is one of the best wallet I have ever seen. This wallet is very safe and secure with the others wallet. I am also using this wallet

Of course, most blockchain wallets that are trusted and very safe to use so many people who use this wallet, including us who always believe in this wallet.

I am happy to be able to choose a blockchain wallet as the safest wallet among other wallets.

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11 hours ago, IZZY81 said:

The blockchain is a decentralized distributed database of immutable records. The technology was discovered with the invention of Bitcoins(the first cryptocurrency). It’s a trusted approach and there are a lot of companies in the present scenario which are using it. As everything is secure, and because it’s an open source approach, it can easily be trusted in the long run.

If you ask What are the different types of blockchains?
So my answer is there are 3 types of blockchain which are public blockchain, private blockchain and blockchain consortium. Public type blockchain This type of blockchain model is the most widely used and most commonly used today because it was developed jointly by a community without space limit (blocks). Cryptocurrency uses a public blockchain. Private Blockchain, cannot be accessed by the public, usually belongs to agencies, organizations or companies. Blockchain consortium, is a private blockchain owned by several groups to achieve common goals.

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What's I know is that there have the blockwallet used to store bitcoins and track transactions. But also there have blockchain network which is used to processes transactions

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There are three different types of blockchain wallet. Public blockchains like bitcoins and ethereum, private blockchains like hyperledger and R3 Corda, and hybrid blockchain like dragonchain.

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Thanks for sharing this article but i think your title is different from the content you sharing it could be more better if you have explained the types of blockchain instead of just explaining blockchain

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There are different types of blockchains, first is the public blockchains designed to be decentralized and, with no one controlling which the transactions are recorded. Next, is the private blockchains that are valuable for enterprises who want to collaborate and share and share data. Lastly, is the hybrid blockchains makes it simple to business to operate with the transparency they're looking for, without having to sacrifice privacy and security. 

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 idea of blockchain is one , but  different coins have their own chain , all are based on blockchain technology but , ETH has eth blockchain, XRP has its own xrp chain, and btc has bitcoin blockchain

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On 12/22/2019 at 7:45 AM, Agios said:

If you ask What are the different types of blockchains?
So my answer is there are 3 types of blockchain which are public blockchain, private blockchain and blockchain consortium. Public type blockchain This type of blockchain model is the most widely used and most commonly used today because it was developed jointly by a community without space limit (blocks). Cryptocurrency uses a public blockchain. Private Blockchain, cannot be accessed by the public, usually belongs to agencies, organizations or companies. Blockchain consortium, is a private blockchain owned by several groups to achieve common goals.

Very informative ,i do not know about this.Although i read many articles about crypto .But its my first time reading this .

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5 minutes ago, Syedbesharat said:

Very informative ,i do not know about this.Although i read many articles about crypto .But its my first time reading this .

Thanks mate, I'm happy if my post can provide information which is useful for all members. Good luck.

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Various crypto wallet available for users world wide but i think blockchain is too much popular and safe as well then others.this is will take the place of future bank soon i hope.

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There are three primary types of blockchains, which do not include traditional databases or distributed ledger technology (DLT) that are often confused with blockchains.

1. Public blockchains like Bitcoin and Ethereum-They allow anyone to participate as users, miners, developers, or community members. All transactions that take place on public blockchains are fully transparent, meaning that anyone can examine the transaction details.

2. Privateblockchains like Hyperledger and R3 Corda-sometimes considered a separate designation from private blockchains. The main difference between them is that consortium blockchains are governed by a group rather than a single entity.

3. Hybrid blockchains like Dragonchain- occupies a unique place within the blockchain ecosystem in that it’s a hybrid blockchain. This means that it combines the privacy benefits of a permissioned and private blockchain with the security and transparency benefits of a public blockchain. That gives businesses significant flexibility to choose what data they want to make public and transparent and what data they want to keep private.

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We have three main categories of blockchains:

 

1 - Public blockchain - This kind of blockchain is totally decentralized and no one can control the transactions that are recorded. Public blockchains are very resistant to censorship which means it is hard to shut them down. Bitcoin and Ethereum are two examples.

 

2 - Consortium blockchain (Private blockchain) - This kind of blockchain is controlled by a group of people. In fact they are like old centralized system with the difference that they use cryptographic feature. Central banks and governments can participate in this kind of blockchain to add blocks to the chain. R3 Corda belongs to this category.

 

3 - Hybrid blockchains - This kind of blockchain is a combination of the previous types that combines the advantages of a private blockchain with the security and transparency of a public blockchain. Dragonchain is an example.

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There are three main blockchains that often confuse with blockchains, not with traditional databases, or distributed ledger technology (DLT).

Public blockchains like Bitcoin and Ethereum. 
 Private blockchains like Hyperledger and R3 Corda. 
 Hybrid blockchains like Dragonchain

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There are many wallets in crypto. But blockchain wallet is one of the successful wallet. This wallet supply us many features. I am additionally the user of blockchain wallet. Now the general public used this wallet.

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There are mainly 3 types of block chain in the market now. the public block chain is used very much now. the block chain mainly records the transaction data.

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The public block chain is used by all. the public block chain is used for storing the transaction data of all the crypto transferring. the block chain technology will be very much used.

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There are a lot of blockchains  out there just find what really suits you the most, well most of the crypto users will really use this kind of wallet because of the great security.

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7 hours ago, dankasa said:

Public blockchain Every one can get access to it and make their transactions successful than private blockchain which is use individually by the creator itself

The all erc20 coin use the public block chain but the private block chain is used by the creator. mainly public block chain store all the public transactions .

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