Blockchain

Question 1

is a shared, synchronized ledger that is replicated across many locations; requires P2P

Answer 1

distributed ledger

Question 2

a _______ is a distributed ledger

Answer 2

blockchain

Question 3

each ______ in the blockchain contains about a transaction

Answer 3

block

Question 4

rules regarding transactions that automatically occur when the specified conditions are met

Answer 4

smart contracts

Question 5

ensure that the data is immutable

Answer 5

hash functions

Question 6

measures so all peers in the network agree on the single, ground, truth state of the ledger, common approach is proof of work;

Answer 6

consensus

Question 7

the different types of block chains

Answer 7

public; private