What incentivizes the miners to give correct validation of transactions ?? (A) A nonce (B) A block reward (C) Thumbs up from the community (D) More memory View Answer (B) A block reward You Might Also Like Bitcoin uses UTXO Ethereum uses ?? October 29, 2021 How many new Bitcoins are created every day ?? October 29, 2021 What powers the Ethereum Virtual Machine ?? October 29, 2021 What is not a ledger type considered by users in Blockchain ?? October 29, 2021 Which of the following is a now-defunct Bitcoin exchange ?? October 29, 2021 What is the initial application for which Blockchain was designed ?? October 29, 2021 Who is the founder of Bitcoin ?? October 29, 2021 Once records are submitted on a blockchain can they be altered ?? October 29, 2021 In Blockchain what does a node mean ?? October 29, 2021 How often does the Bitcoin ledger reconcile ?? October 29, 2021 Which site run by Ross Ulbricht was closed by the FBI for letting people buy drugs with Bitcoin ?? October 29, 2021 Where can you buy a Cryptocurrency ?? October 29, 2021 The least safe place to keep your Cryptocurrency is ?? October 29, 2021 What does Asymmetric Encryption use ?? October 29, 2021 What is Proof of Stake ?? October 29, 2021 What is a miner in terms of Blockchain ?? October 29, 2021 What is a genesis block ?? October 29, 2021 Is blockchain fully public ?? October 29, 2021 Cryptocurrency is stored in ?? October 29, 2021 What is the term for when a blockchain splits ?? October 29, 2021 A bitcoin address collision happens when 2 different payments are made at the same time to the same bitcoin address ?? October 29, 2021 What is a Dash Masternode ?? October 29, 2021 Cryptographic Hash Function transforms an arbitrary length of a fixed-length string that acts more or less as a Fingerprint of the document ?? October 29, 2021 When did bitcoin’s creator publish a whitepaper introducing the digital currency ?? October 29, 2021 What is the process of creating new bitcoins popularly known as ?? October 29, 2021 What is UTXO ?? October 29, 2021 Blockchain can be stored as which of the following ?? October 29, 2021 What does IPFS stand for ?? October 29, 2021 The first step of Blockchain project implementation is ?? October 29, 2021 What is a hash function ?? October 29, 2021
Which site run by Ross Ulbricht was closed by the FBI for letting people buy drugs with Bitcoin ?? October 29, 2021
A bitcoin address collision happens when 2 different payments are made at the same time to the same bitcoin address ?? October 29, 2021
Cryptographic Hash Function transforms an arbitrary length of a fixed-length string that acts more or less as a Fingerprint of the document ?? October 29, 2021