What Is Blockchain And How Does This Technology Work Quizlet

Last Updated on February 4, 2024 by Paganoto

Technology-Learning Flashcards – Quizlet

"The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value."

Blockchain Flashcards – Quizlet

What is blockchain? Blockchain is an encrypted, distributed database shared across multiple computers or nodes that are part of a community or system.

Blockchain Technologies Flashcards – Quizlet

A blockchain is an expanding list of cryptographically signed, irrevocable transactional records shared by all participants in a network. Each record contains a …

Blockchain Flashcards – Quizlet

–a blockchain allows parties to transact directly with each other through a single distributed ledger, eliminating the need for centralized transaction …

Blockchain technology Flashcards – Quizlet

A blockchain is a way of storing data so that cannot be changed anymore. How else can you call it? This is called immutability and a very useful feature …

Block Chain and Cryptocurrencies Flashcards – Quizlet

block chain is. a shared distributed ledger technology in which each transaction is digitally signed to ensure its authenticity and integrity.

Blockchain Flashcards – Quizlet

What is blockchain technology based on? · Which are TRUE of a blockchain? · Hashing is one of the types of cryptography that we can use to make data secure and is …

Distributed Ledger / Blockchain / Cryptocurrency – Quizlet

Blockchain only allows adding operation. ie. you can add new data, but you cannot alter or delete existing data. What makes Blockchains the most transparent …

Blockchain and Cryptocurrency Flashcards – Quizlet

1. It is a distributed digital ledger technology · 2. Ledger keeps records of transaction, value, and ownership of assets · 3. Copies of recording (ledger) are …

ABCs of Blockchain – Beyond Bitcoin Flashcards – Quizlet

distributed networks, blockchain technology has the potential to dramatically … unique incentive model for mining work, the winning node is given bitcoin

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