Blockchain.txt - Blockchain Asymmetric cryptography...

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Blockchain: Asymmetric cryptography primarily uses two types of algorithms. Sign-Verify Encrypt-Decrypt Sign and Verify algorithm uses the concept of Hashing. correct: Mainly how many types of blockchains have emerged after bitcoin introduced blockchain to the world?---3 The three concepts used to explain the foundation of blockchain are ---BN,DA,L Bitcoin network would make it impossible to bypass the traditional financial intermediaries.--false BlockChain provides ___________ database of every transaction involving value.---open decentralized Private Blockchain is a de-centralized type of Blockchain?---false Consortium Blockchain provides a faster and more protected ecosystem than a Private Blockchain?---true Blockchain which is popularly known as for the people, by the people and of the people is ----public Bankchain is an example of _______.private We can buy cryptocurrency - ---false The value of coins ( litecoin, bitcoin) is same at a particular time.---false Encrypted text is also known as ____________.cipher HASH can be used to validate the input?---true
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  • Fall '18

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Christopher Reinemann
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