What do you understand by blockchain?
Posted On: May 16, 2024
The blockchain is an incorruptible digital ledger technology in a centralized form. It is a collective database for the immutable records and it was discovered along with the invention of Bitcoin. It is an open source approach which works securely and provides long-term services. With the blockchain system, each and everyone gets equal opportunity to enhance and implement the technologies.
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Blockchain Interview Questions
Tell us the principle behind blockchain technology and how many types of it are available?
Bitcoin enables information distribution without duplication. Types include public, consortium, and private, offering diverse accessibility and governance...
Blockchain Interview Questions
What do you think blockchain is trustworthy?
Blockchain is currently in the spotlight due to its open-source nature and seamless compatibility with various applications. Its robust security ensures the safety of online transactions and other act..
Blockchain Interview Questions
Name few of the properties of blockchain?
Blockchain is characterized by decentralization, ensuring no central authority controls it. It operates on a distributed ledger, enhancing transparency and security. This creates a safe ecosystem for ..