
What is the main difference between a public blockchain and a private blockchain? Does it matter? Which one is better?
There are plenty of explanations on what blockchain is and what precisely is the difference between Bitcoin and blockchain, but another area where we get many questions is the distinction between public and private blockchain.



Read this article to learn what is blockchain, what is the difference between public and private blockchain, their pros and cons and what opportunities blockchain technology holds for your business.

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With the advent of blockchain technology, development of cryptocurrency wallets came into operations.
Cryptocurrency wallet helps people store private and public keys which enables them to receive and send cryptocurrency with just the press of a button.
Third party custodian looks after these private keys and saves them for the future.
Custodial wallets come integrated with San Francisco-based cryptocurrency exchange and Hong Kong-based Bitfinex platforms and do not need to resort if the users need to use them.
Software wallets are available in three formats and provide a myriad of options to the users:
Desktop Wallets: First and foremost reason for using a desktop wallet is mainly because they can be easily stored in a laptop or a PC.