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Exam questions - Cryptocurrencies and blockchain applications exam with correct answers

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Exam questions - Cryptocurrencies and blockchain applications exam with correct answers

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Exam questions - Cryptocurrencies and ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




blockchain applications exam with correct ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




answers
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Explain and illustrate the difference between an
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accounting based ledger and the transaction based ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




ledger used by the bitcoin network? - correct
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answers ✔✔An answer ||\\||\\ ||\\||\\




What are the key characteristics of a hash function? -
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correct answers ✔✔ ||\\||\\ ||\\||\\




What is the role of hash-pointers linking the different
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blocks of the blockchain? - correct answers ✔✔
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What is a hash puzzle and how does it create value in
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




a digital framework? - correct answers ✔✔
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