Podcast
Questions and Answers
What type of blockchain network has absolutely no access restrictions?
What type of blockchain network has absolutely no access restrictions?
- Public blockchain (correct)
- Private blockchain
- Hybrid blockchain
- Consortium blockchain
In a private blockchain, how is participant and validator access managed?
In a private blockchain, how is participant and validator access managed?
- Controlled by proof-of-stake algorithms
- Decentralized through ad-hoc compute clusters
- Open to everyone
- Restricted by network administrators (correct)
Which type of blockchain requires an invitation to join?
Which type of blockchain requires an invitation to join?
- Consortium blockchain
- Private blockchain (correct)
- Public blockchain
- Hybrid blockchain
What distinguishes a Distributed Ledger from a private blockchain?
What distinguishes a Distributed Ledger from a private blockchain?
Which blockchain network type combines centralized and decentralized features?
Which blockchain network type combines centralized and decentralized features?
What is a sidechain in the context of blockchains?
What is a sidechain in the context of blockchains?
What allows a sidechain to operate independently of the primary blockchain?
What allows a sidechain to operate independently of the primary blockchain?
What is a defining characteristic of consortium blockchains?
What is a defining characteristic of consortium blockchains?
Why are consortium blockchains considered permissioned?
Why are consortium blockchains considered permissioned?
In which industries are consortium blockchains commonly used?
In which industries are consortium blockchains commonly used?
What advantage do consortium blockchains have over private blockchains?
What advantage do consortium blockchains have over private blockchains?
Which two blockchain examples are mentioned as consortium blockchains in the text?
Which two blockchain examples are mentioned as consortium blockchains in the text?
