What is a blockchain at its most basic?
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- ○ Distributed append only ledger
- ○ Centralized single server database
- ○ Temporary in memory cache
- ○ Private spreadsheet file copy
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Showing 1–12 of 12 questions
What is a blockchain at its most basic?
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What links one block to the previous block?
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What does decentralization remove from a blockchain network?
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What does proof of work require miners to do?
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How does proof of stake choose block validators?
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What does finality mean for a blockchain transaction?
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Which two are consensus mechanisms? (Choose two.)
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Which two describe blockchain immutability supports? (Choose two.)
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Which two are blockchain ecosystem participants? (Choose two.)
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DRAG DROP
Match each blockchain concept to its meaning.
Items to match: Distributed ledger concept, Consensus mechanism concept, Hash function concept, Node participant concept.

Answer is in the explanation below.
CORRECT TEXT
Agreement among distributed nodes on the ledger state is called ______.
Answer is in the explanation below.
DRAG DROP
Match each DeFi term to its meaning.
Items to match: Liquidity pool term, Automated market maker term, Yield farming term, Governance token term.

Answer is in the explanation below.