Blockchain Flashcards

1
Q

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

A

distributed ledger

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2
Q

a _______ is a distributed ledger

A

blockchain

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3
Q

each ______ in the blockchain contains about a transaction

A

block

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4
Q

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

A

smart contracts

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5
Q

ensure that the data is immutable

A

hash functions

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6
Q

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

A

consensus

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7
Q

the different types of block chains

A

public; private

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