Blockchain Flashcards
1
Q
is a shared, synchronized ledger that is replicated across many locations; requires P2P
A
distributed ledger
2
Q
a _______ is a distributed ledger
A
blockchain
3
Q
each ______ in the blockchain contains about a transaction
A
block
4
Q
rules regarding transactions that automatically occur when the specified conditions are met
A
smart contracts
5
Q
ensure that the data is immutable
A
hash functions
6
Q
measures so all peers in the network agree on the single, ground, truth state of the ledger, common approach is proof of work;
A
consensus
7
Q
the different types of block chains
A
public; private