Podcast
Questions and Answers
What is the function of the 'hash' in a blockchain?
What is the function of the 'hash' in a blockchain?
- It determines the number of transactions in the block.
- It stores the digital data in the block.
- It serves as a unique identifier for the current block. (correct)
- It links the current block to the next block in the chain.
Why is the 'previous hash' important in a blockchain?
Why is the 'previous hash' important in a blockchain?
- It identifies the next block in the sequence.
- It prevents unauthorized access to the blockchain.
- It secures the current block's contents. (correct)
- It determines the order of blocks in the chain.
What is the role of 'nonce' in the mining process of a block?
What is the role of 'nonce' in the mining process of a block?
- It serves as a digital signature for each block.
- It verifies the authenticity of transactions.
- It ensures transparency in the blockchain network.
- It is a numerical value adjusted by miners during mining. (correct)
Which characteristic of blockchain ensures that it is resistant to unauthorized tampering?
Which characteristic of blockchain ensures that it is resistant to unauthorized tampering?
How does blockchain achieve security against fraud and unauthorized access?
How does blockchain achieve security against fraud and unauthorized access?
What is the purpose of distributing authority across the network in blockchain technology?
What is the purpose of distributing authority across the network in blockchain technology?
What is the main function of a nonce in the context of blockchain technology?
What is the main function of a nonce in the context of blockchain technology?
How does the 'previous hash' contribute to the security of a blockchain network?
How does the 'previous hash' contribute to the security of a blockchain network?
What is the purpose of using cryptographic techniques in ensuring security in blockchain technology?
What is the purpose of using cryptographic techniques in ensuring security in blockchain technology?
In the context of blockchain, what role does transparency play in the system?
In the context of blockchain, what role does transparency play in the system?
Which characteristic of blockchain ensures that data added to it cannot be altered?
Which characteristic of blockchain ensures that data added to it cannot be altered?
Why is it important for miners to adjust the nonce value during block mining?
Why is it important for miners to adjust the nonce value during block mining?
