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dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:public [2021/10/05 18:32] (current) nick ↷ Links adapted because of a move operation |
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| ====== 2.3.2.3 Public Networks ====== | ====== 2.3.2.3 Public Networks ====== | ||
| - | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll|return to Network Access Control ]] | + | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:start|return to Network Access Control ]] |
| - | **[[dido:public:ra:xapend:xapend.a_glossary:p:public_network|Public networks]]** are distributed and open, allowing participation in core activities of the network from any node sponsored by anyone. Participation includes joining, leaving, reading, writing, and auditing the activities on the network. There are no authorities or discrimination of nodes. | + | **[[dido:public:ra:xapend:xapend.a_glossary:p:public_network|Public networks]]** are distributed and open, allowing participation in core activities of the network from any [[dido:public:ra:xapend:xapend.a_glossary:n:node|node]] sponsored by anyone. Participation includes joining, leaving, reading, writing, and auditing the activities on the network. There are no authorities or discrimination of nodes. |
| ==== Benefits of Public Networks ==== | ==== Benefits of Public Networks ==== | ||
| - | * **Open Read and Write**(("Public Vs Private [[dido:public:ra:xapend:xapend.a_glossary:b:blkchn]] In A Nutshell", | + | |
| + | * **Open Read and Write**(("Public Vs Private Blockchain In A Nutshell", | ||
| Demiro Massessi, 12 December 2018, | Demiro Massessi, 12 December 2018, | ||
| [[https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f]] | [[https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f]] | ||
| )) \\ | )) \\ | ||
| - | <wrap>Anyone can participate by submitting transactions to the blockchain, such as Ethereum or Bitcoin; transactions can be viewed on the blockchain explorer.</wrap> | + | <wrap>Anyone can participate by submitting transactions to the [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]], such as [[dido:public:ra:xapend:xapend.a_glossary:e:ethereum|Ethereum]] or Bitcoin; transactions can be viewed on the [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]] explorer.</wrap> |
| - | + | ||
| * **Ledger Is Distributed**(("Public Vs Private Blockchain In A Nutshell", | * **Ledger Is Distributed**(("Public Vs Private Blockchain In A Nutshell", | ||
| Demiro Massessi, 12 December 2018, | Demiro Massessi, 12 December 2018, | ||
| [[https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f]] | [[https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f]] | ||
| )) \\ | )) \\ | ||
| - | <wrap>The database is not centralized like in a client-server approach, and all nodes in the blockchain participate in the transaction validation.</wrap> | + | <wrap>The database is not centralized like in a [[dido:public:ra:xapend:xapend.a_glossary:c:client-server|client-server]] approach, and all nodes in the blockchain participate in the transaction [[dido:public:ra:xapend:xapend.a_glossary:v:validation|validation]].</wrap> |
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| * **Immutable**(("Public Vs Private Blockchain In A Nutshell", | * **Immutable**(("Public Vs Private Blockchain In A Nutshell", | ||
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| )) \\ | )) \\ | ||
| <wrap>When something is written to the blockchain, it can not be changed, in other words it is [[dido:public:ra:xapend:xapend.a_glossary:i:immutable|immutable]].</wrap> | <wrap>When something is written to the blockchain, it can not be changed, in other words it is [[dido:public:ra:xapend:xapend.a_glossary:i:immutable|immutable]].</wrap> | ||
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| * **Secure Due to Mining** (protection from the [[dido:public:ra:xapend:xapend.a_glossary:f:fifty_one_percent_51_attack]](("Public Vs Private Blockchain In A Nutshell", | * **Secure Due to Mining** (protection from the [[dido:public:ra:xapend:xapend.a_glossary:f:fifty_one_percent_51_attack]](("Public Vs Private Blockchain In A Nutshell", | ||
| Demiro Massessi, 12 December 2018, | Demiro Massessi, 12 December 2018, | ||
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| ))) \\ | ))) \\ | ||
| <wrap>For example, with Bitcoin, obtaining a majority of network power could potentially enable massive double spending, and the ability to prevent transaction confirmations, in addition to other potentially malicious acts.</wrap> | <wrap>For example, with Bitcoin, obtaining a majority of network power could potentially enable massive double spending, and the ability to prevent transaction confirmations, in addition to other potentially malicious acts.</wrap> | ||
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