How does bitcoin use a blockchain

The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. It allows Bitcoin wallets to calculate their spendable balance so that new transactions can be verified thereby ensuring they’re actually owned by the spender.

How many blockchain networks are there?

Currently, there are at least four types of blockchain networks — public blockchains, private blockchains, consortium blockchains and hybrid blockchains.

What are the top 5 Blockchains?

The Top 5 Enterprise Blockchain Platforms You Need to Know About

• #1. Ethereum. Mature Smart Contracting Cross-Industry Platform. …
• #2. Hyperledger Fabric. B2B-focused Modular Blockchain Platform. …
• #3. R3 Corda. New Operating System for Financial Services. …
• #4. Ripple. …
• #5. Quorum.

Which blockchain network is the best?

Ethereum is the best secure block chain based secure crypto currency platform. I helps to develop secure transparent crypto currency solutions for our customers. Hyperledger Fabric is one of the most permissioned blockchains.