In: Accounting
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
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.
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Thank you.