Discover How Public Blockchain Strengthens Trust and Transparency – BitRss

Public Blockchain is an open and decentralized digital record system accessible to everyone. This system ensures that transactions are recorded transparently and immutably, eliminating the need for third-party trust. Its applications span a variety of fields, including finance and healthcare, grounded in an open-source structure.

Key Features of Public Blockchain

Public Blockchain is distinguished by four primary characteristics: decentralization, transparency, immutability, and security. Decentralization means data is stored across thousands of computers rather than a single server. Transparency allows all transactions to be viewed on a public ledger. Immutability ensures that recorded data cannot be erased or altered, while security is provided through cryptography, where each block contains an encrypted summary of its predecessor.

What is Public Blockchain?

All these features make the system robust against manipulation, as seen with Bitcoin $