The pointlessness of private blockchains

This is a guest contribution by Joshua Henslee, a blockchain consultant. Many gambling firms want to implement blockchain technology, but believe only a private solution can solve their needs. Henslee explains why Bitcoin SV is superior in every way. This article first appeared on CoinGeek.com.

Companies have been told that they need private blockchains, that they cannot possibly use a public ledger for various reasons including:

– Public blockchains cannot scale

– Data cannot be public