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please solve it in completely I will thumb you up please fast Question 1 Assess the characteristics of MultiChain blockchain platform and answer the following
please solve it in completely I will thumb you up please fast
Question 1 Assess the characteristics of MultiChain blockchain platform and answer the following questions: (a) Describe the differences between Turing Complete and Non-Turing Complete blockchains. Explain why MultiChain is not Turing Complete. (b) How does MultiChain differ from other major blockchains in terms of managing off-chain data? (5 marks) (5 marks) (c) Explain the differences between public blockchain, private blockchain and centralised database and give examples of scenarios that are most applicable for each type. marks) (10 (d) Explain the relationship between MultiChain private key, public key and wallet address. (5 marks) (e) Explain why MultiChain uses round robin consensus protocol instead of proof of work consensus protocol? (5 marks) (f) Explain how MultiChain can be used to prevent the sending of transactions to a nonexisting wallet address. (5 marks) (g) MultiChain is a private blockchain platform. What does this mean in terms of information privacy? (5 marks) (40 marks)Step by Step Solution
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