What Is The Primary Function Of The Blockchain? Quizlet

Last Updated on January 26, 2023 by Paganoto

Blockchain Flashcards – Quizlet

Blockchain is an encrypted, distributed database shared across multiple computers or nodes that are part of a community or system. What makes it one of the most exciting technologies? Its ability to reduce the possibility of security breaches by even its own operators. You just studied 126 terms!

Blockchain Basics Flashcards – Quizlet

The function of mining. ~ Miners use energy and effort to solve the math problems in order to get rewarded and to stop attacks on the network.

Blockchain Flashcards – Quizlet

distributed digital ledger of cryptographically signed transactions that are grouped into blocks. each block is cryptographically linked to the previous one …

Blockchain Flashcards – Quizlet

“Hash functions generate account addresses, digital signatures, transaction hashes, state hashes, receipt hashes, and block header hashes.

Blockchain Flashcards – Quizlet

-Verified transactions are stored in the public blockchain. Main idea: that the more stake a user has invested into the system, the more likely they will want …

Blockchain Flashcards – Quizlet

it uses peer-to-peer network technology—combined with cryptography and a sophisticated security protocol—to enable parties that don’t know or trust each other …

Blockchain Flashcards – Quizlet

A distributed ledger where transactions are permanently recorded in blocks chained together by their unique identities. The blockchain serves as a historical …

Blockchain and Bitcoin Flashcards – Quizlet

provides a verifiable, tamper-proof, unchangeable proof of transactions. Consists of blocks, each one containing every transaction that has ever taken place.

Technology-Learning Flashcards – Quizlet

By design, the blockchain is a decentralized technology. Anything that happens on it is a function of the network as a whole. Some important implications …

3_exam_blockchain Flashcards – Quizlet

Blockchain can be used for which of the following task? A Track digital assets. B Create Money … A Nodes are not connected to the main network on internet

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