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Bitcoin is built upon a trustless and permissionless blockchain, which is why it’s so secure and reliable as a cryptocurrency. A rise in permissioned blockchains, which seem to go against the decentralized nature of blockchain technology, has been a rise in popularity. A permissioned blockchain isn’t simply another private blockchain, but a blockchain where an owner controls who has the access and the ability to validate transactions. The public is able to view all transactions, but the public may or may not have visibility into the transactions.
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