What does the mainnet launch of a public chain coin mean (the difference between main chain and public chain)?
What does the mainnet launch of a public chain coin mean? According to cryptoglo
What does the mainnet launch of a public chain coin mean? According to cryptoglobe news, the mainnet launch of a public chain coin refers to a digital asset issued through blockchain technology. It is a type of functional token or cryptocurrency issued on the Ethereum network. These cryptocurrencies can be divided into three categories: one is Bitcoin, the second is popular digital currencies on Ethereum; the other is Ripple and Litecoin, which are implemented through smart contracts and have a common feature, that is, they have no pre-existing codes and rule restrictions.
The difference between main chain and public chain
According to DappRadar statistics, there are six public chains on Ethereum, including main chain and private chains. In the main chain, the consensus mechanism is defined by block producers, and block producers decide who can record the transaction or verify its validity, and how to confirm its authenticity through voting. The biggest difference between public chains and main blockchains is that they use different technical characteristics and have the same working principles.
On the other hand, main chains rely on the application itself, so they do not have specific business processes, but use software development kits (SDK) similar to Bitcoin. In addition, they provide some functionalities, such as supporting decentralized exchanges with smart contracts, providing services for enterprise users, and allowing enterprise clients to seamlessly access various new products and services based on distributed ledger technology.
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