Why is Blockchain important?
A) It allows for a secure, global, and peer to peer record of data
B) It provides anonymity when making transactions
C) It is a free, trusted bank
D) It replaces all ledgers
E) All of the above
Correct Answer:
Verified
Q21: How does Blockchain use hashing? Select all
Q22: The Blockchain ledger is commonly referred to
Q23: What is a block?
A) A list or
Q24: How do consensus algorithms like Proof of
Q25: Blockchain is the same as Bitcoin.
Q27: How much data can be represented by
Q28: How are blocks chained together?
A) By sharing
Q29: How would a developer make a change
Q30: What do consensus methods achieve?
A) Anonymity in
Q31: One of Blockchain's primary uses of cryptography
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