Which of these demonstrates the correct order of the lifecycle of a transaction on Ethereum blockchain?
A) 1. User uses Dapp/web3 to start transaction 2. User signs the transaction with their private key 3. Transaction validated on locally running node 4. Transaction broadcast to entire network 5. Miners choose to accept or pass on the transaction 6. Miner takes each accepted transaction and writes it to the current block
B) 2. Transaction broadcast to entire network 3. If accepted by the network, user signs transaction with private key 4. Miners choose to accept or pass on the transaction 5. Miner takes each accepted transaction and writes it to the current block
C) Both of these ordering sequences can occur
D) None of the above

Question

Which of these demonstrates the correct order of the lifecycle of a transaction on Ethereum blockchain?
A) 1. User uses Dapp/web3 to start transaction     2. User signs the transaction with their private key     3. Transaction validated on locally running node     4. Transaction broadcast to entire network     5. Miners choose to accept or pass on the transaction     6. Miner takes each accepted transaction and writes it to the current block
B)     2. Transaction broadcast to entire network     3. If accepted by the network, user signs transaction with private key     4. Miners choose to accept or pass on the transaction     5. Miner takes each accepted transaction and writes it to the current block
C) Both of these ordering sequences can occur
D) None of the above

Quizplus · Accepted Answer

The correct order of the lifecycle of a transaction on Ethereum blockchain is:1. User uses Dapp/web3 to start transaction2. User signs the transaction with their private key3. Transaction validated on locally running node4. Transaction broadcast to entire network5. Miners choose to accept or pass on the transaction6. Miner takes each accepted transaction and writes it to the current block

Which of These Demonstrates the Correct Order of the Lifecycle