Many people are no longer unfamiliar with public chains. It refers to a blockchain network that anyone can participate in. It has the characteristics of openness, transparency and permissionlessness. A public chain also means a parent chain. , the parent chain refers to a blockchain platform or infrastructure, which provides a framework for creating and deploying other blockchains, smart contracts, and distributed applications. What are the differences between public chains and parent chains that many people think about? I don’t know much about it yet. To put it simply, the scope of the parent chain is wider, but the two are essentially similar concepts. The editor below will tell you in detail.
The difference between public chain and parent chain is mainly some differences in terminology. Public chain usually refers to a type in the entire blockchain network, while parent chain refers to some blockchain networks. The core chain or main chain.
Public chain refers to an open blockchain network on which anyone can deploy applications or create new crypto assets. Public chains are usually decentralized. All nodes can participate in the maintenance and governance of the network, and all transaction records are public and cannot be tampered with.
Representatives of public chains include Bitcoin and Ethereum. Bitcoin is the first blockchain network and cryptocurrency, and its blockchain is used to record transactions and issue new Bitcoins. Ethereum is a smart contract platform that allows developers to build decentralized applications (DApps) and digital assets on top of it.
The parent chain is usually used to refer to the main chain or root chain in a scalable blockchain network. In some blockchain ecosystems, there may be multiple blockchains running in parallel, one of which is called the parent chain, which is the core of the entire network and provides security and consensus mechanisms for other chains.
For example, Ethereum is a typical parent chain, which supports many sub-chains (or side chains) built on it. These sub-chains can be used for different purposes and application scenarios. Ethereum’s parent chain is responsible for processing transactions and maintaining consensus, while child chains can have their own independent rules and functions.
The public chain and the parent chain each have their own advantages and uses. There is no absolute advantage or disadvantage, but it depends on the specific needs and application scenarios.
Public chains are usually more decentralized, and anyone can participate in the network without permission. With higher transparency and security, all transaction records are public and cannot be tampered with.
Applications on public chains can gain wider user and community support because they can interact freely in the network. Suitable for building open, permissionless application scenarios, such as digital currency, smart contracts, decentralized finance (DeFi), etc.
The parent chain usually has higher performance and scalability, can handle more transactions and support more applications. Provides more powerful security and consensus mechanisms to protect the stable operation of the entire ecosystem.
The parent chain provides infrastructure and support for building various types of sub-chains, allowing developers to customize their own blockchain applications according to specific needs. Suitable for building complex blockchain ecosystems, including supporting multiple application scenarios and various types of digital assets.
If you want to build an open, decentralized application and want wider user participation and community support, then a public chain may be more suitable for you. If you need higher performance, security, and flexibility, and want to build a complex blockchain ecosystem, then the parent chain may be more suitable for you.
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