What is a Private Blockchain?

A public blockchain is a decentralized network where anyone can participate, transact, and validate transactions. It operates on an open-source protocol and is not controlled by any single entity or organization. Public blockchains like Cardano provide transparency, security, and inclusivity, allowing for permissionless innovation and peer-to-peer interaction without the need for intermediaries.

Cardano handles privacy through various cryptographic techniques, including zero-knowledge proofs, ring signatures, and zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge). These techniques allow for confidential and anonymous transactions on the blockchain while preserving the integrity and security of the network. Cardano's focus on privacy ensures that users can transact and interact with confidence, knowing that their sensitive information is protected.

Performance metrics for Cardano's blockchain include parameters such as throughput, latency, transaction confirmation times, and network scalability, which measure the efficiency, reliability, and responsiveness of the blockchain network under various conditions and workloads.

Cardano's role in promoting diversity encompasses its commitment to fostering a culture of inclusion, belonging, and equity within its ecosystem, operations, and initiatives.