Podcast
Questions and Answers
What is the main purpose of a master node in Dash cryptocurrency?
What is the main purpose of a master node in Dash cryptocurrency?
- To mix coins and hide transaction records (correct)
- To increase block generation time
- To perform real-time transactions
- To mine new coins
How does Dash achieve instant transactions?
How does Dash achieve instant transactions?
- By using smart contracts
- By implementing proof-of-stake consensus
- By increasing block generation time
- By reducing block generation time to 1 second (correct)
What is a unique characteristic of blockchain application stacks compared to traditional software application stacks?
What is a unique characteristic of blockchain application stacks compared to traditional software application stacks?
- They do not involve smart contracts
- They are not distributed across nodes
- They are centralized in nature
- They are decentralized and distributed (correct)
Who first proposed the concept of smart contracts?
Who first proposed the concept of smart contracts?
What is another term used to refer to a smart contract?
What is another term used to refer to a smart contract?
What is a dApp?
What is a dApp?
How do traditional websites interact with databases?
How do traditional websites interact with databases?
What technology is used in traditional web applications to render a page?
What technology is used in traditional web applications to render a page?
What is the critical difference between dApps and traditional web applications in terms of database connection?
What is the critical difference between dApps and traditional web applications in terms of database connection?
What security failure is mentioned in the text related to dApps?
What security failure is mentioned in the text related to dApps?
What is the primary example of a blockchain application in the text?
What is the primary example of a blockchain application in the text?
Which term is used to describe cryptocurrencies alternative to Bitcoin?
Which term is used to describe cryptocurrencies alternative to Bitcoin?
What makes it difficult for beginners and non-professionals to enter the Bitcoin market?
What makes it difficult for beginners and non-professionals to enter the Bitcoin market?
Why are Bitcoin and other cryptocurrencies considered digital assets?
Why are Bitcoin and other cryptocurrencies considered digital assets?
How are altcoins different from Bitcoin in terms of popularity?
How are altcoins different from Bitcoin in terms of popularity?
When was LiteCoin released as an open-source client on GitHub?
When was LiteCoin released as an open-source client on GitHub?
What differs LiteCoin from Bitcoin primarily?
What differs LiteCoin from Bitcoin primarily?
What is the primary advantage of clean bitcoins in the context of anonymous transactions?
What is the primary advantage of clean bitcoins in the context of anonymous transactions?
What additional functions does Dash have compared to LiteCoin?
What additional functions does Dash have compared to LiteCoin?
How do FPGA and ASIC devices for mining Litecoin compare to those for Bitcoin?
How do FPGA and ASIC devices for mining Litecoin compare to those for Bitcoin?
What is a crypto-currency?
What is a crypto-currency?
What does the term 'altcoin' refer to?
What does the term 'altcoin' refer to?
Why is it difficult for beginners and non-professionals to enter the Bitcoin market?
Why is it difficult for beginners and non-professionals to enter the Bitcoin market?
What is the main advantage of altcoins compared to Bitcoin?
What is the main advantage of altcoins compared to Bitcoin?
What is the primary example of a blockchain application provided in the text?
What is the primary example of a blockchain application provided in the text?
How are altcoins different from Bitcoin in terms of popularity?
How are altcoins different from Bitcoin in terms of popularity?
What is the main purpose of a master node in Dash cryptocurrency?
What is the main purpose of a master node in Dash cryptocurrency?
Who first proposed the concept of smart contracts?
Who first proposed the concept of smart contracts?
What is the primary advantage of clean bitcoins in the context of anonymous transactions?
What is the primary advantage of clean bitcoins in the context of anonymous transactions?
What technology is used in traditional web applications to render a page?
What technology is used in traditional web applications to render a page?
How does Dash achieve instant transactions?
How does Dash achieve instant transactions?
How do FPGA and ASIC devices for mining Litecoin compare to those for Bitcoin?
How do FPGA and ASIC devices for mining Litecoin compare to those for Bitcoin?
Who released LiteCoin as an open-source client on GitHub?
Who released LiteCoin as an open-source client on GitHub?
What are the primary differences between LiteCoin and Bitcoin, as mentioned in the text?
What are the primary differences between LiteCoin and Bitcoin, as mentioned in the text?
What additional functions does Dash offer compared to LiteCoin?
What additional functions does Dash offer compared to LiteCoin?
How do FPGA and ASIC devices for mining Litecoin differ from those for Bitcoin?
How do FPGA and ASIC devices for mining Litecoin differ from those for Bitcoin?
Why are 'clean bitcoins' considered valuable in the context of anonymous transactions?
Why are 'clean bitcoins' considered valuable in the context of anonymous transactions?
What is the primary advantage of blockchain application stacks over traditional software application stacks?
What is the primary advantage of blockchain application stacks over traditional software application stacks?
Explain the main difference between a traditional web application and a dApp in terms of database connection.
Explain the main difference between a traditional web application and a dApp in terms of database connection.
What technology is utilized by traditional web applications to render a page?
What technology is utilized by traditional web applications to render a page?
Define what a dApp is in relation to a 'blockchain enabled' website.
Define what a dApp is in relation to a 'blockchain enabled' website.
Explain the security failure mentioned in the text related to dApps.
Explain the security failure mentioned in the text related to dApps.
What type of software programs are designed to exist on the Internet without being controlled by a single entity?
What type of software programs are designed to exist on the Internet without being controlled by a single entity?
What type of network do traditional dApps like BitTorrent, Popcorn Time, BitMessage, and Tor run on?
What type of network do traditional dApps like BitTorrent, Popcorn Time, BitMessage, and Tor run on?
What is the primary difference between decentralized applications (dApps) and traditional applications?
What is the primary difference between decentralized applications (dApps) and traditional applications?
What are some issues commonly found in Ethereum smart contracts according to the text?
What are some issues commonly found in Ethereum smart contracts according to the text?
What is the main characteristic of blockchain application stacks that sets them apart from traditional software application stacks?
What is the main characteristic of blockchain application stacks that sets them apart from traditional software application stacks?
What are altcoins and how do they differ from Bitcoin in terms of popularity?
What are altcoins and how do they differ from Bitcoin in terms of popularity?
In the context of a smart contract example provided in the text, what does Alice agree to pay and to whom?
In the context of a smart contract example provided in the text, what does Alice agree to pay and to whom?
What is the primary advantage of decentralized applications (dApps) over traditional applications?
What is the primary advantage of decentralized applications (dApps) over traditional applications?
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