How does a private Blockchain differ from a public one? Select all that apply.
A) A private Blockchain does not use proof of work consensus
B) A private Blockchain is more efficient and has faster transaction times
C) A private Blockchain is not distributed
D) A private Blockchain often requires the identity of users to be known
Correct Answer:
Verified
Q7: Blockchain technology uses_.
A) the latest banking software
B)
Q8: Blockchains are being implemented in the food
Q9: Transparency allows_.
A) a trustless system where users
Q10: In its simplest state, a ledger_.
A) determines
Q11: Which of the following statements sums up
Q13: What is Ethereum?
A) Another name for Bitcoin
B)
Q14: What is a hash function?
A) A one-way
Q15: What is dApp?
A) A decentralized application
B) A
Q16: How does the Bitcoin provide anonymity?
A) Through
Q17: Once a record is stored on the
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