What is the real purpose of private blockchain for example in Ethereum ? I mean found a lot of tutorials online about creating a private blockchain, creating an accounts there, setting coinbase accout, start mining and so on, but none of them tells the reason why it's there, what use i can get from that ? Is that just for study purposes ? The ethers that i mined on my private blockchain, are they are real ethers ? Can i transfer them to real wallet ?

1 Answer 1


Private blockchains exist so that companies can pretend to be innovative by using a blockchain for no real purpose. But that's just been my personal experience, maybe someone else has something positive to say :)

The ethers mined on a private blockchain exist only on that blockchain. As far as the main Ethereum network is concerned, they do not exist. It's a completely separate cryptocurrency.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.