Public blockchain defined.
Nev. Rev. Stat. § 719.145
in effectPublic blockchain means an electronic record of transactions or other data which:
1. Is uniformly ordered;
2. Is processed using a decentralized method by which two or more unaffiliated computers or machines verify the recorded transactions or other data;
3. Is redundantly maintained by two or more unaffiliated computers or machines to guarantee the consistency or nonrepudiation of the recorded transactions or other data;
4. Is validated by the use of cryptography; and
5. Does not restrict the ability of any computer or machine to:
(a) View the network on which the record is maintained; or
(b) Maintain or validate the state of the public blockchain.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-719.htmlFetched: 10/4/2026