Question 6
Transparency allows_____________.
- a trustless system where users can be certain of a result
- easy iteration through the Blockchain
- Records on the Blockchain to never be changed
- users on the Blockchain to change data on the Blockchain
Question 7
Blockchain is always a better alternative to a standard database.
- True
- False
Question 8
How does a private Blockchain differ from a public one? Select all that apply.
- A private Blockchain does not use proof of work consensus
- A private Blockchain is more efficient and has faster transaction times
- A private Blockchain is not distributed
- A private Blockchain often requires the identity of users to be known
Question 9
Why is a private Blockchain used instead of a public one?
- To limit user access and permissions
- It is less expensive to develop
- It requires less mining power than a public Blockchain
- It requires fewer administrators to manage it
Question 10
A distributed network is always decentralized.
- True
- False