Cryptocurrencies have all the same characteristics as fiat currencies?

Correct Answer for the Question – Cryptocurrencies have all the same characteristics as fiat currencies? is given below Cryptocurrencies have all the same characteristics as fiat currencies? TRUE FALSE Correct Answer The Correct Answer for this Question is FALSE Explanation The Question – Cryptocurrencies have all the same characteristics as fiat currencies? has been answered correctly … Read more

A distributed network is always decentralized.

Correct Answer for the Question – A distributed network is always decentralized. is given below A distributed network is always decentralized.Reference: https://stackoverflow.com/questions/49195562/difference-between-a-distributed-and-a-decentralized-network TRUE FALSE Correct Answer The Correct Answer for this Question is FALSE Explanation The Question – A distributed network is always decentralized. has been answered correctly and answer for the question is FALSE More … Read more

Blockchain is always decentralized.

Correct Answer for the Question – Blockchain is always decentralized. is given below Blockchain is always decentralized. TRUE FALSE Correct Answer The Correct Answer for this Question is TRUE Explanation The Question – Blockchain is always decentralized. has been answered correctly and answer for the question is TRUE More about these Exams These Exam Questions and … Read more

Once a record has been added to a Blockchain it can be altered.

Correct Answer for the Question – Once a record has been added to a Blockchain it can be altered. is given below Once a record has been added to a Blockchain it can be altered.Reference: Once a record has been added to a Blockchain it can be altered TRUE FALSE Correct Answer The Correct Answer for … Read more

Blockchain is always a better alternative to a standard database.

Correct Answer for the Question – Blockchain is always a better alternative to a standard database. is given below Blockchain is always a better alternative to a standard database.Reference: https://www.coindesk.com/information/what-is-the-difference-blockchain-and-database TRUE FALSE Correct Answer The Correct Answer for this Question is FALSE Explanation The Question – Blockchain is always a better alternative to a standard database. … Read more

In a private business Blockchain, transactions are endorsed by______________.

Correct Answer for the Question – In a private business Blockchain, transactions are endorsed by______________. is given below In a private business Blockchain, transactions are endorsed by______________.Reference: https://developer.ibm.com/opentech/wp-content/uploads/sites/43/2017/08/Blockchain-Explained-v4.06.AdaptedforBeirutConferenceAug2017-1.pdf(p.10) only relevant business participants only the smart contract developer all the nodes on the Blockchain all participants with access to the network Correct Answer The Correct Answer for … Read more

The transaction hash contained in a block is the______________.

Correct Answer for the Question – The transaction hash contained in a block is the______________. is given below The transaction hash contained in a block is the______________.Reference: https://www.oreilly.com/library/view/mastering-bitcoin/9781491902639/ch07.html unique number to show it’s a Bitcoin block same as the user private key digital fingerprint of the block metadata used for ID Correct Answer The Correct Answer … Read more

Which attribute?

Correct Answer for the Question – Which attribute? is given below A Blockchain does NOT provide which attribute? Security through distribution Anonymity through cryptography Fault Tolerance through distribution Immutability through hashing Correct Answer The Correct Answer for this Question is Anonymity through cryptography Explanation The Question – Which attribute? has been answered correctly and answers for … Read more

The height of a block is the______________ in the chain between it and the genesis block.

Correct Answer for the Question – The height of a block is the______________ in the chain between it and the genesis block. is given below The height of a block is the______________ in the chain between it and the genesis block.Reference: https://www.mycryptopedia.com/genesis-block-explained/ metadata that is number of blocks Merkle tree hash size of the memory cache … Read more

The common safe place to store personal cryptocurrency is_____________.

Correct Answer for the Question – The common safe place to store personal cryptocurrency is_____________. is given below The common safe place to store personal cryptocurrency is_____________. A digital wallet in a secure ledger a bank account in a secure database Correct Answer The Correct Answer for this Question is A digital wallet Explanation The Question … Read more