Basic Blockchain Flashcards
Cover the basics of blockchain
What is Ethereum?
Ethereum is a blockchain based platform. Ether or ETH is the associated cryptographic token.
How is Ethereum created?
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What is a blockchain?
A blockchain is a public database that is distributed across a peer to peer network.
What is a block?
A block is storage of data and state of the network. A block is added when new data needs to be added to the network. Blocks are added consecutively.
Why is it called blockchain?
Because when the state and data of the chain change there are recorded in blocks that are implemented in sequence, each block referrers to its subsequent block.
What is ENS?
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What is DAO governance?
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What is a DAO?
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What is a public key
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What is a private key?
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What is a wallet
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What is the difference between a hot and a cold wallet?
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