Cryptocurrency Q&A What is an open and closed network?

What is an open and closed network?

Pietro Pietro Sun Nov 17 2024 | 5 answers 949
I'm trying to understand the concept of networks, specifically the difference between an open network and a closed network. Could someone explain what these terms mean in the context of computer networks? What is an open and closed network?

5 answers

Carlo Carlo Tue Nov 19 2024
An open network operates on the principle of fairness and equality.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Tue Nov 19 2024
Various entities can provide services on this network on a reasonably equal basis.

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SumoMighty SumoMighty Tue Nov 19 2024
This includes both external service providers and the network operator themselves.

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EnchantedSky EnchantedSky Mon Nov 18 2024
In contrast, a closed network allocates a significant portion of its capacity to a limited number of providers.

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GinsengBoost GinsengBoost Mon Nov 18 2024
These providers are usually, but not always, the network provider themselves.

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