Question

In: Accounting

Question 63.33 pts What is the first block in a blockchain called? Group of answer choices...

Question 63.33 pts

What is the first block in a blockchain called?

Group of answer choices

Genesis block

First block

Alpha block

Initial block

Question 53.33 pts

Data is permanently recorded on the Bitcoin network through files called

Group of answer choices

Blocks

Nounce

Node

Safety file

Solutions

Expert Solution

Question 63.

Genesis block is the first block of blockchain

modern versions of Bitcoin number it as blob 0, so very earlier versions counted it as block 1.

The genesis block is almost always hard codad into the software of the applications that utilise its blockchain.

It is a special case in that it does not reference a previous block, and for Bitcoin and almost all its derivatives, it produces an unspendable subsidy.

By the above discussion we can say that the first block in blockchain is genesis block.

Question 53.

data is permanently recorded on the Bitcoin network through files called blocks.

A block record some all the most recent Bitcoin transactions that have not yet entered any prior blocks.

Thus, A block is like a page of ledger or record Book. Is time A block is completed it gives way to the next block in the blockchain. A block is a permanent store of records which once written cannot be altered a removed.

About discussion we can say that data in Bitcoins are permanently recorded in blocks.

The answer is blocks.

These are all the information required to solve the above given question.

I hope, all the above mentioned information and explanations are useful and helpful to you.

Thank you.


Related Solutions

Question 541 pts Which of the following statements is true? Group of answer choices A)Games with...
Question 541 pts Which of the following statements is true? Group of answer choices A)Games with strictly dominant strategies do not guarantee that players achieve the highest available payoffs in Nash Equilibrium. B) The prisoners’ dilemma game has no strictly dominant strategy. C) If a two-player game has a strictly dominant strategy for one player, then it must have a strictly dominant strategy for the other player. D) If a strategy is weakly dominant, then it is also strictly dominant....
Question 12 pts Which of the following would be a discrete variable? Group of answer choices...
Question 12 pts Which of the following would be a discrete variable? Group of answer choices Number of cans of dog food eaten Number of inches reflecting someone’s height Amount of soup in a can Count of students in class Flag this Question Question 22 pts A main characteristic of a discrete probability distribution is that ___________. Group of answer choices each probability is between -1 and +1 each probability is between 1 and 2 the probabilities add to 0...
Question 11 pts In a Pareto efficient allocation, Group of answer choices there are gains from...
Question 11 pts In a Pareto efficient allocation, Group of answer choices there are gains from trade still not captured in the economy. there is no way to make any person better off without making someone else worse off Some people can be made better off without making others worse off, but there is no way to make most people better off without making some others worse off. Total utility in society is maximized. Flag this Question Question 21 pts...
Question 301 pts Which of the following statements displays 123 as 00123? Group of answer choices...
Question 301 pts Which of the following statements displays 123 as 00123? Group of answer choices cout << setw(5) << setfill('0') << 123; cout << left << setw(5) << 123; cout << setw(5) << 123; None of the options displays the required output. Flag this Question Question 311 pts Which of the following statements displays 123.567 as 123.57? Group of answer choices cout << fixed << setprecision(2) << 123.567; None of the options displays the required output. cout << setprecision(2)...
Question 110 pts All life on earth shares a common genetic history. Group of answer choices...
Question 110 pts All life on earth shares a common genetic history. Group of answer choices True False Flag this Question Question 210 pts __________ is the movement of gene sets in and out of a population due to death, immigration, emigration, etc. smoothing out the variations in characteristics over time. Group of answer choices Gene Flow Protein Flow Lipid Flow Gene Growth Gene Transfer Flag this Question Question 310 pts By selecting for or against certain Genes (or traits),...
Question 11 pts Which of the following demonstrates correctly structured (parallelism)? Group of answer choices Mother...
Question 11 pts Which of the following demonstrates correctly structured (parallelism)? Group of answer choices Mother was busy gathering the laundry, dusting the furniture, and washing the dishes. Mother was busy gathering the laundry, dusting, and dishes. Mother was busy with laundry, dusting the furniture, and washing the dishes. Flag this Question Question 21 pts Is the following sentence correctly structured (parallelism): We are giving away our furniture, selling our house, and moving to Spain. Group of answer choices True...
Question 31 1 pts The Pigou-Wealth effect indicates that Group of answer choices a lower price...
Question 31 1 pts The Pigou-Wealth effect indicates that Group of answer choices a lower price level will increase the real value of financial assets and therefore increase spending. a decrease in the overall price level would shift the AD curve leftward a higher price level will increase the real value of financial assets and therefore increase spending an increase in the overall price level would shift the AD curve leftward Flag this Question Question 32 1 pts The Keynes-Interest...
Question 1 1 pts Say's Law indicates that: Group of answer choices demand creates its own...
Question 1 1 pts Say's Law indicates that: Group of answer choices demand creates its own supply. a stable, inflexible interest rate will guarantee perpetual full-employment. supply creates its own demand. falling prices will decrease the purchasing power of a declining level of total money demand Flag this Question Question 2 1 pts Classical macroeconomic theory believed that if total spending was less than the amount necessary to establish full-employment, then: Group of answer choices product prices would rise, resulting...
uestion 322 pts The profit-maximizing rule MR = MC is: Group of answer choices followed by...
uestion 322 pts The profit-maximizing rule MR = MC is: Group of answer choices followed by a perfectly competitive firm but not by a monopoly followed by a monopoly but not by a perfectly competitive firm followed by all types of firms not followed by a monopoly because it would reduce economic profit to zero Flag this Question Question 332 pts The shape of the marginal cost curve (MC) is driven by: Group of answer choices Diminishing returns Diminishing returns,...
Question 48 What is the minimum size of an Ethernet frame? Group of answer choices 64...
Question 48 What is the minimum size of an Ethernet frame? Group of answer choices 64 bytes 1,024 bytes 256 bytes 1,500 bytes Question 49 Data is organized into frames for transmission at which OSI level? Group of answer choices Application Network Data Link Transport Question 50 Which of the following devices does not limit network broadcast traffic and does not increase performance? Group of answer choices Router NIC Hub Switch Question 51 Which of the OSI layers does IP...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT