Public blockchains are goverened by communities.
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A public blockchain is a unique system that uses a certain mechanism that records transactions across computers. These are governed by communicates.
Explanation:
- These public blockchains are used by the public and can be viewed by anyone.
- There are private blockchains as well.
- The private blockchain is restricted and everyone can not see or participate in it.
- Bitcoin is a blockchain as well.
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