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Private blockchains require permission to join and are suitable for enterprise use cases.
- True
- False
Answer: True
Private/permissioned blockchains restrict participation to authorized entities, offering higher throughput, privacy, and regulatory compliance. Used in supply chain, trade finance, and consortium applications (e.g., Hyperledger, Corda). Contrast with public blockchains (Bitcoin, Ethereum) which are open and decentralized. Important for enterprise blockchain questions.