🔵Open to Everyone: Anyone can join and participate.
Think of it as a public park where anyone can enter and enjoy.
🔵Decentralized: No single authority controls it.
Similar to a town hall meeting where everyone has a voice.

🔵Restricted Access: Only specific people or organizations can join. Like a private club where only members are allowed.
🔵Controlled: Managed by a single organization.
Comparable to a company meeting where only employees can attend.

🔵Transparency: Public blockchains are fully transparent, while private blockchains limit access to data.
🔵Speed: Private blockchains can be faster due to fewer participants.