Which of the following statements sums up the Proof of Work consensus process?
A) Miners complete to find a nonce results in a hash that starts with a predetermined number of leading zeros.
B) Miners put up a stake. A miner is then selected based on stake value to add a new block to the chain. If a miner adds an invalid block to the chain, that miner loses their stake.
C) All nodes agree on the data of the transaction.
D) Miners send assets to an inactive address. This process selects the next owner of a block.
Correct Answer:
Verified
Q6: One solution to increasing Blockchain Transactions Per
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
Q12: How does a private Blockchain differ from
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
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