What is blockchain technology?
Answer / Amarjeet Singh Arya
Blockchain technology is a decentralized and distributed digital ledger that records transactions across multiple computers. It ensures security, transparency, and immutability by using cryptography and a network of computers to validate and verify each transaction.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are the key principles that need to be followed to make blockchain secure?
Name the common sort of ledgers which will be thought of by users in blockchain?
A distributed digital ledger is used for recording transaction in blockchain. What does the system rely on?
What do you know about Blockchain? What is the difference between Bitcoin blockchain and Ethereum blockchain?
What is dao and how it works?
What is the difference between bitcoin blockchain and ethereum blockchain?
Explain the importance of blind signature and the way it’s useful?
How will you handle the risk management when it comes to securing the transactions records?
How are transactions and blocks encrypted in the bitcoin implementation?
What is a ledger? Name the common type of ledgers that can be considered by users in blockchain?
What do you know about merkle trees in blockchain?
How blockchain ledger is differentiated from the normal ledger?