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Transactions, contracts and applications By Cointelegraph

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The evolution of blockchain: Transactions, contracts and applications

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

Permissioned blockchain

Private blockchain

Hybrid Blockchains

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