Question: Since pointers in a blockchain include a cryptographic hash of the previous block, why is there the additional need for replication of the blockchain to

Since pointers in a blockchain include a cryptographic hash of the previous block, why is there the additional need for replication of the blockchain to ensure immutability?

Step by Step Solution

★★★★★

3.53 Rating (180 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The main reason for replicating the blockchain is to ensure that all nodes ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Database System Concepts Questions!

Why is there a special need for ethical behavior by professionals? Why do the ethical requirements of the CPA profession differ from those of other professions?

Since there is a regular income tax, why is there a need for an AMT?

Why is there no need for fluxes or shielding gases in resistance

A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction...

Scenario [Slide 34] Part 2: "Do" the Blockchain Activity [Slides 33-53] We are creating a blockchain to develop a distributed ledger to track the sales of a candy bar known as "CB1." Our company...

Louis Edgar is a family-owned premier fine diamond house and bespoke jeweller headquartered in Melbourne, Australia. The business was established in 1964 by Louis Leblanc who is an immigrant from...

What is a miner? a . A type of blockchain b . An algorithm that predicts the next part of the chain c . A person doing calculations to verify a transaction d . Computers that validate and process...

Please assist with below question in C Computer Networks Socket Programming Project 1 Introduction Bitcoin was unleashed on the world in 2009 as the first decentralized digital currency. The...

Makeup - Case Study Assignment: Security Challenges at XYZ Company XYZ Company is a mid - sized organization specializing in technology solutions for businesses. Recently, the company has faced...

Review the article and share your thoughts and observations along with related examples of data protection techniques. Address each of the objectives listed below. Discuss the role of information...

Some types of glass have a range of indices of refraction of about 1.4 to 1.7. What is the range of the polarizing (Brewster) angle for these glasses when light is incident on them from air?

Go to Statement of Financial Position (otherwise known as the balance sheet) on page 37 in the above link. Use Targets balance sheet to prepare a vertical analysis for the two most recent years....

Which utility programs are being described below? a Software that runs in the background and checks for malware; suspect programs are quarantined and deleted if necessary b Software that rearranges...

What are the degrees of freedom (df) for the ANOVA t-test comparing SHRM versus ASTD?

Clustering indices may allow faster access to data than a nonclustering index affords. When must we create a nonclustering index, despite the advantages of a clustering index? Explain your answer.

Consider the relations r1 (A, B, C), r2 (C, D, E), and r3 (E, F), with primary keys A, C, and E, respectively. Assume that r1 has 1000 tuples, r2 has 1500 tuples, and r3 has 750 tuples. Estimate the...

Consider the relations r1 (A, B, C), r2 (C, D, E), and r3 (E, F) of Exercise. Assume that there are no primary keys, except the entire schema. Let V (C, r1) be 900, V (C, r2) be 1100, V (E, r2) be...

The assignment will be to undertake a financial analysis of a company from the list of options below. You are required to write a report. Assume that you have recently joined the Competitor and...

Price an ATM put option in a one-period binomial tree. The underlying asset, Palladium, is trading for $140/unit currently and you project that over the next period it will either go up by 5% or down...

Selling bonds. Lunar Vacations needs to raise $6,400,000 for its new project (a golf course on the moon). Astro Investment Bank will sell the bond for a commission of 2.7%. The market yield is...