Wed. Sep 28th, 2022

The blockchain is a distributed, decentralized, public ledger.

Blockchain is not a distributed, decentralized, public ledger.

Other related questions:

Q: Which statement is true about blockchain?

A: There is no one true answer to this question, as blockchain is a relatively new technology with a lot of potential applications. However, some believe that blockchain could potentially revolutionize the way we interact with the internet and digital systems, as it provides a secure, decentralized way of storing and managing data.

Q: What are the 4 types of Blockchains?

A: 1. Public blockchains

2. Private blockchains

3. Consortium blockchains

4. Hybrid blockchains

Q: What are the 4 components that a blockchain is comprised of?

A: A blockchain is comprised of four main components: a distributed ledger, a consensus mechanism, a cryptocurrency, and a smart contract platform.

Q: What type of technology is blockchain?

A: Blockchain is a type of distributed ledger technology (DLT) that allows for secure, decentralized and tamper-proof record-keeping.

Bibliography

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