12 Questions
What is the function of the 'hash' in a blockchain?
It serves as a unique identifier for the current block.
Why is the 'previous hash' important in a blockchain?
It secures the current block's contents.
What is the role of 'nonce' in the mining process of a block?
It is a numerical value adjusted by miners during mining.
Which characteristic of blockchain ensures that it is resistant to unauthorized tampering?
Immutability
How does blockchain achieve security against fraud and unauthorized access?
By encrypting all transactions within the blocks.
What is the purpose of distributing authority across the network in blockchain technology?
To ensure no single entity controls the entire network.
What is the main function of a nonce in the context of blockchain technology?
To adjust a numerical value during the mining process
How does the 'previous hash' contribute to the security of a blockchain network?
By creating a secure link between blocks
What is the purpose of using cryptographic techniques in ensuring security in blockchain technology?
To protect against fraud and unauthorized access
In the context of blockchain, what role does transparency play in the system?
Provides open visibility of data and transactions
Which characteristic of blockchain ensures that data added to it cannot be altered?
Immutability of the blockchain
Why is it important for miners to adjust the nonce value during block mining?
To ensure continuity of the entire chain
Test your knowledge about the major components of a block in blockchain technology, including data entries, hash functions, previous hash links, and nonces. Learn about the role and importance of each component in securing and maintaining the integrity of the blockchain.
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