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| - | ======== Private Blockchain Network ======== | ||
| - | [[dido:public:glossary | Return to Glossary ]] | ||
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| - | A **private [[dido:public:glossary:b:blockchain_network| Blockchain Network ]]** (also known as **restricted blockchain**) requires an invitation and must be validated by either the network starter or by a set of rules put in place by the network starter. Businesses who set up a private blockchain, will generally set up a permissioned network. This places restrictions on who is allowed to participate in the network, and only in certain transactions. Participants need to obtain an invitation or permission to join. | ||
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| - | Source: [[https://www.ibm.com/blogs/blockchain/2017/05/the-difference-between-public-and-private-blockchain/ | P. Jayachandran, The Difference between public and private blockchain, 31 May 2017 ]] | ||