MNTG Token and its listing on LaToken

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Types of block chains networks
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• Before we dive further in to what the different
  types/kinds of blockchains networks are
• we should address the question/query of
  what block chain technology is first.
• Blockchain technology we can defined as an
  open, distributed ledger technology 
• that can record transactions between two parties
  efficiently (Powerfully) and in
• a verifiable (provable) and long-lasting manner.
• The blockchain networks are of four basic types
  public blockchains, private blockchains
• hybrid blockchains, and consortium blockchains.
• Each platform has its own advantages,
  disadvantages and suitable applications.

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• Although the block chain technology powering
  projects is the same, the target consumers of the
  various blockchain types can differ.
• Public blockchains emphasis on the public as
  end-users, on the other hand private blockchains
  are intended exclusively at invitation users and
  their networks.
• Public Blockchain
• Public blockchain is the first kind of block
  chain technology.
• Here, crypto-monetary technology, was invented
  and popularised. It eliminates the centralization
  disadvantages
• including reduced safety and transparency.
  Instead of disclosing information across a
  peer-to- peer network
• DLT doesn't save information in any place. It
  requires some way in which data authenticity can
  be verified.
• This method is a consensus algorithm in order to
  establish agreement on the present state of the
  leader by participants in the blockchain.
• Two common consensus methodologies are proof of
  work (PoW) and proof of involvement (PoS).

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• Public blockchain is non-restrictive and
  unauthorised, and anyone with internet access can
  join up for an authorised node on a blockchain
  network.
• This user may access and carry out current and
  previous records and the sophisticated
  calculations necessary to verify transactions
• and add them to the directory. The network cannot
  change a valid record or transaction and anybody
  may check
• uncover faults or offer changes, as source code
  is usually open source.
• Mining and exchange of cryptocurrencies like
  Bitcoin are the most typical case for public
  blockchains.
• It can however also be used to create a record
  with an auditable custody chain
• such as an electronic notary on affidavits and
  public ownership documents.
• This form of blockchain is appropriate for
  organisations, such as social support groups or
  non-governmental organisations
• which are founded on transparency and confidence.
  Private companies will probably wish to stay
  clear, given the public character of the network.

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• Private Blockchain
• A network blockchain which works or is under the
  control of one single entity in a restricted
  environment like
• a shut down network is a private blockchain.
  While it functions as a public blockchain
  network, using peer-to-peer connections and
  decentralization
• it's significantly smaller in scale in this sort
  of blockchain. They are also called as
  blockchains or company blockchains.
• The velocity of private blockchains makes them
  suitable if the blockchain has to be
  cryptographically secure yet
• the controlling body does not want public access
  to information.
• The supply chain, asset ownership and internal
  voting are some scenarios of application for
  private blockchain.

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• Hybrid Blockchain
• Hybrid blockchain, a kind of blockchain
  technology combining private and public
  blockchain aspects.
• It enables enterprises to establish a private
  authority system together with
• a public permission-free system that enables them
  to manage who has access to specific information
  kept in the blockchain and what data is publicly
  released.
• In general, hybrid blockchain transactions and
  data are not published, but can be validated when
  necessary, for as by enabling access via a smart
  agreement.
• Confidential data is maintained within the
  network but can still be verified. Although the
  hybrid blockchain is owned by a private
  organisation, it cannot edit transactions.
• If a user connects to a blockchain hybrid, they
  have full network access. Unless they enter into
  a transaction, the user's identity is protected
  from other users. Then the opposite side has its
  identity revealed.

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• Blockchain Hybrid has a number of significant
  uses, including property.
• Companies can run systems secretly using a hybrid
  blockchain
• although they can present certain information
  for the general population
• such as listings. Retail may potentially optimise
  its procedures with hybrid blockchains
• and it can also be used in highly regulated areas
  such as financial services
• .

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• Consortium Blockchain               
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• The 4th blockchain type, consortium blockchain,
  also known as a federated blockchain,
• has private and public blockchain capabilities
  and is similar to a hybrid blockchain.
• But this is different because a decentralised
  network is collaborated by numerous
  organisational members.
• A blockchain consortium is basically a private
  blockchain with limited access to a specific
  group
• minimising the hazards of only one company
  controlling the network on a private blockchain.
• The mechanisms of consensus are regulated by
  predefined nodes in the consortium blockchain.
• It has a node validator to initiate, accept and
  validate transactions. Member nodes can receive
  transactions or initiate them.

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• For this form of blockchain, banking and payments
  are two purposes.
• Different banks can band together and establish a
  consortium to decide which transactions are
  validated.
• A comparable paradigm as organisations that seek
  to track food may be created by research groups.
• It is useful for supply chain applications,
  especially food and medicine.
• The leased proof of interest allows users, for
  example, to earn money from crypto mining without
  having to mine their own node.
• Evidence of importance assigns importance to
  each user, both in terms of balance and
  transactions.
• Ultimately, the block chain technology is getting
  more popular and receives backing from companies
  quickly.
• Each of these blockchain kinds has a possible
  use that enhances trust and transparency and
  provides a better transaction record.
•  

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Also Read A brief description of Blockchain
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