InitVerse Web3 Fun Class|Blockchain World Three Territories--Public Chains, Private Chains, and Consortium Chains


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Jan 08 2024 7 mins  

The main content of this Web3 class focuses on the three main types in the blockchain world: public chains, private chains, and consortium chains. These types are vividly metaphorized as different territories: an open park, a private garden, and a community garden, respectively. The public chain is likened to an open park, accessible and usable by anyone, while the private chain is compared to a private garden, only accessible and usable by authorized individuals. Finally, the consortium chain is metaphorized as a community garden, only accessible and usable by community members. These metaphors vividly illustrate the characteristics and differences of these three types. This Web3 class also introduced the advantages, challenges, and features of each type, providing the audience with an in-depth understanding of the different types in the blockchain world.
 
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