Question
1) The record of transactions held by the participants in a blockchain is referred to as which of the following? Group of answer choices Ledger
1)
The record of transactions held by the participants in a blockchain is referred to as which of the following?
Group of answer choices
Ledger
Coin
Non-fungible Token
Chain
2)
The discretionary expansion and contraction in the number of Bitcoin is referred to as which of the following?
Group of answer choices
None of these. The growth in Bitcoin is determined according to its protocol.
Monetary Policy
Bitcoin Mining
Crytopolicy
3)
Which of the following is an importance difference in Bitcoin and Ethereum?
Group of answer choices
Ethereum allows for the existence of self-executing contracts
Bitcoin uses a ledger system
Ethereum is controlled by a central bank
Bitcoin transactions are conducted on a peer-to-peer network
4)
Which of the following authorities is responsible for the approval of new crypto currencies in the United States?
Group of answer choices
None. Crypto currencies currently exist outside regulatory control.
Federal Reserve Bank
Federal Trade Commission
Comptroller of the Currency
5)
What is not one of the more pressing issues with crypto currencies broadly?
Group of answer choices
The ledgers are easily hacked
Many require substantial energy use for mining
Transactions can at times take a substantial amount of time to clear
Novice users dont always understand the related risks
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