Multiple Choice
How do consensus algorithms like Proof of Work or Proof of Stake incentivize miners to participate?
A) By paying miners with U.S. dollars
B) By paying the miners with cryptocurrency
C) By placing their name on the Blockchain
D) By not charging users monthly subscription costs
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Transactions per second (TPS) for a Proof-of-Work
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
Q9: In its simplest state, a ledger_.<br>A) determines
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