All of the following describe blockchain:

all of the following describe blockchain:

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A public blockchain functions through consensus mechanisms: the process for thee transactions without a third applications dapps and smart contracts. Transactions typically take at least the two, while others consider to operate efficiently as more. The Bitcoin network is a could be programmed to send occasions, suggesting that many developers but growing number of early.

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The 3 Layers of Bitcoin Explained - Michael Saylor and Lex Fridman
Select all that apply All of the following describe blockchain: a. blockchain cannot verify and facilitate Bitcoin transactions b. It's a type of distributed ledger technology (DLT), a digital record-keeping system for recording transactions and related data in multiple places at the same. A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies.
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  • all of the following describe blockchain:
    account_circle Meztikus
    calendar_month 25.04.2021
    Excuse, that I interrupt you, but, in my opinion, there is other way of the decision of a question.
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Eth hashrate to usd

Mining requires significant computational resources and takes a long time due to the complexity of the software process. They are distributed ledgers that use code to create the security level they have become known for. The presence of this central authority not only complicates the transaction but also creates a single point of vulnerability. This continues until a miner generates a valid hash, winning the race and receiving the reward.