Unpermissioned Ledgers: Open Access to Blockchain

Unpermissioned Ledger is a public ledger that is open to all and is not controlled by a single owner.

What is an Unpermissioned Ledger?

Unpermissioned Ledger – also known as a public ledger – is a ledger that can be accessed by anyone. The user can send messages for processes and even participate in authentication, verification, and consensus protocol processes for blockchain transactions.

Not all users of uncontrolled ledger can create data, publish smart contracts, and run nodes. These systems are completely transparent, as all data is available to any user. Bitcoin and Ethereum are two examples of unsupervised blockchains.

But there are some disadvantages. For example, low performance and extremely high power consumption.
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