what is the advantage of private black chain?
Private block, only member can visit the transaction
The consortium or company running a private blockchain
can easily if desired change the rules of blackchain revert transaction modifay blance
The public blockchain, is exactly what the name suggest, Blockchain technology that is completely open to the public,namely anyone able to join to the network as a participator. Which growing number of the participants in network..
A private blockchain network requires an invitation and must be validated by either the network starter or by a set of rules put in place by the network starts