I)Only private blockchains are decentralized peer-to-peer networks, where each participant maintains a replica of a shared ledger. II)Public blockchains are in sync through a protocol referred to as consensus. Private blockchains do not have consensus. III)Only public blockchains guarantee the immutability of the ledger, even when some participants are faulty or malicious. IV)Participants in private blockchains and business networks usually require privacy, not anonymity. [bg_collapse view="button-orange" color="#4a4949" expand_text="Show Answers" collapse_text="Close Answer" ] IV)Participants in private blockchains and business networks usually require privacy, not anonymity. [/bg_collapse]