Public Blockchain :
There are no regulations on a public blockchain. Anyone with a broadband connection can join the network and do proof-of-work validation and transaction processing. Users that validate blocks typically receive some form of reward in such networks.
This network uses consensus procedures based on Proof of Work or Proof of Stake to validate transactions. It truly is a public network.
The Satoshi model proposed in 2009. This new type of computing technology might be referred to as the mother technology. Later, enterprises started to take an interest in blockchain technology and designed private blockchains specifically for their business needs.
You may download the protocol whenever you want in public blockchain architecture, and you won't need anyone's permission to do so. They depict the ideal model that enables the high profits in the technology business.
This results in an entirely decentralised environment, with no single entity in charge. Private blockchains can be edited and updated by the entity that owns them.
Public blockchains require a third party for safety and auditing purposes. Like a flowing river, the system has a natural flow of its own. Flow is abundant, yet few people take use of it. What's the easiest way to describe it? An entirely decentralised, independent, and self-governing digital public ledger.
We as a blockchain baised company we work on public blockchains like Bitcoin, Ethereum, Litecoin, Cardano etc.