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Types Of Blockchain Explained - Blockchain Tutorial For Beginners - SimplilearnThe most common consensus mechanisms are Proof of Work (PoW), Proof of Stake (PoS), and methods used by private and consortium blockchains. Each design has. Three types of blockchain � Public blockchain. A public, or permission-less, blockchain network is one where anyone can participate without restrictions. What is a Blockchain Protocol? Five Types of Blockchain Protocols Which are Widely Accepted. Hyperledger; Multichain; Ethereum; Quorum; Corda.