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Blockchain Applications for Business > Chapter A4 > Flashcards

Chapter A4 Flashcards

1
Q

True / False: Ethereum uses Proof of Authority (PoA) to implement Smart Contracts.

A

False. (Proof of Work POW)

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2
Q

Ethereum provides support for

_______ contracts.

A

smart

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3
Q

The Ethereum Platform…

A

offers the option to develop smart contracts using the language Solidity, uses Proof of Work (PoW)

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4
Q

Smart contracts…

A

The correct answers are: are used by application developers to define functions in the form of a code, are self-executing software programs, are triggered by submissions of transactions

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5
Q

Smart contracts on Ethereum can be written using a language called _____.

A

Solidity

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6
Q

True / False: Smart contracts execute themselves.

A

True

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7
Q

Solidity…

A

is the programming language for developing smart contracts.

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Blockchain Applications for Business (12 decks)

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