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Q & A › Category: BlockChain
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The value of coins, such as litecoin and bitcoin, remains the same across all the exchanges that actively trade them
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Consensus must be reached for the transaction to be approved
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Bitcoin network would make it impossible to bypass the traditional financial intermediaries
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Which among the following are the advantages of using bitcoin?
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Blockchain enables transparency in the trading environment
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Which among the following is the most flexible cryptocurrency?
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If authorized, bitcoins can be used to purchase merchandise
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Private blockchain is a de-centralized type of blockchain
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In asymmetric key cryptography, the public key is available with ________
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Where can you buy a cryptocurrency?
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Blockchain provides ___________ kind of database for every transaction involving value
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SHA256 is a popular hashing algorithm used in bitcoin encryption
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Blockchain provides visibility to the user, thus imposing a more significant potential for cyber risk
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The value of cryptocurrency is dependent on market conditions
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Crypto analysis is used ___________
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