What Is the Difference between a Public and a Private Blockchain for DAO Operations?
A public blockchain, like Ethereum, is permissionless, meaning anyone can join the network, view the transaction history, and participate in the consensus process. This offers maximum transparency and decentralization for a DAO.
A private blockchain, or permissioned blockchain, restricts access to a select group of participants. While this offers greater control, speed, and privacy, it sacrifices decentralization and transparency, which are core tenets of most DAOs.
For this reason, the vast majority of DAOs operate on public blockchains.