menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Certification
  3. Study Set
    Blockchain
  4. Exam
    Exam 1: Certified Blockchain Business Foundations
  5. Question
    In Its Simplest State, a Ledger_______________
Solved

In Its Simplest State, a Ledger_______________

Question 9

Question 9

Multiple Choice

In its simplest state, a ledger_______________.


A) determines which node stores the assets
B) records the transfer of an asset between participants
C) proves ownership on the Blockchain
D) provides privacy to users on the Blockchain

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: A distributed network is always decentralized.

Q5: What is a block?<br>A) A list or

Q6: Blockchain is the same as Bitcoin.

Q7: What do consensus methods achieve?<br>A) Anonymity in

Q8: How do consensus algorithms like Proof of

Q10: What is a hash function?<br>A) A one-way

Q11: Blockchain technology uses_.<br>A) the latest banking software<br>B)

Q12: How does the Bitcoin provide anonymity?<br>A) Through

Q13: What is dApp?<br>A) A decentralized application<br>B) A

Q14: A smart contract on the Blockchain provides

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines