How is Blockchain benefiting voting?
By revealing the identity of each voter and who or what they voted for
By controlling who gets to vote
By only allowing a certain number of votes per person
By allowing voters to trust their vote has been counted
Why is a private Blockchain used instead of a public one?
To limit user access and permissions
It is less expensive to develop
It requires less mining power than a public Blockchain
It requires fewer administrators to manage it
References:
Where is a Blockchain's central server?
Where the Blockchain is created
Located with the owner of the server
There is no central server, it is distributed
Orderer Node
None of the above
How does Blockchain use hashing? Select all that apply.
To condense information making it easy to compare large amounts of data.
To chain together blocks
To provide anonymity with public key cryptography
To select which node to use
All of the above
A Blockchain is a/an _____________ shared ledger distributed system.
Anonymous
Newer version of a
Append-only
Confidential
How are blocks chained together?
By sharing the same transaction details
Information of the previous block is embedded into the current block through hashing
Information of the current block is embedded into the genesis block
With a physical chain
Cryptocurrencies are a security regulated by the Securities and Exchange Commission.
True
False
What does immutable mean?
Fault tolerant
Unable to be changed
Highly secure
One solution to increasing Blockchain Transactions Per Second (TPS) is________.
adding more network nodes
off-chain transactions
using faster microprocessors
fewer regulations
TESTED 24 Nov 2024