Question: 1. When a new block is created on a blockchain, does that new block also contain everything that was on previous block or does it

1. When a new block is created on a blockchain, does that new block also contain everything that was on previous block or does it only add on new data and not repeat the old? Please cite with source(s) to support.

2. Can an NFT represent a digital item, or digital OR real-world item? Please explain and cite source(s) used.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

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 Law Questions!

When a new block is created on a blockchain, does that new block also contain everything that was on previous block or does it only add on new data and not repeat the old?Explain

In Java, please follow the steps below to complete this inventory counter program. In addition, add detailed comments so I can understand your code. Inventory itemArray: Item [100)...

generally, please write three major parts: the cmake file, the assembler and the simulator. Please write in CPP language and male sure the whole program can run without bugs. thank you very much. 1....

Part A is the design phase of the project and is due within one week. In order to help you focus on understanding the problem and designing the solution, you should begin considering the items in the...

Project 1 Giorgio's Discrete Event Simulator Description We have been discussing virtualization, concurrency and the sharing of resources by the operating system. In order for the OS to enable the...

Without using built in python functions. Try to write a program that will find the largest and second largest item in a list 2Define a linked list, how does it differ from a list 3using a for loop...

Programming a BlockChain Bitcoin is a cryptocurrency created in 2008 used to perform online payments without requiring a trusted central authority. It is based on a technology that uses a distributed...

Researchers and technologists alike are talking about how blockchain technology is the next big thing across industries from finance to retail to even healthcare. According to Gartner, their client...

1. SUMMARY This project will involve the creation of a Blockchain miner that does all the following: Receives transactions from user or remote node. Sends transactions to a remote node. Manages...

You are the senior auditor of Nice and Natural Ltd (NNL) for the year ended 30 June 2021. NNL is a large pharmaceutical manufacturer and distributor located in NSW. One of your junior auditors,...

Amylopsin and Rennin are carbohydrates and protein-digesting enzymes respectively. Amylopsin acts in ____ medium and Rennin acts in ____ medium. (a) Acidic only (b) Alkaline and acidic (c) Acidic and...

2 . An unfavorable fixed factory overhead volume variance occurs when the _ _ _ _ _ _ _ _ . a . actual units produced is less than 1 0 0 % of normal capacity. b . actual units produced is more than 1...

describe the major components of a business plan

LO12.3 Explain how demand is seen by a pure monopoly.

1. Explain how the long run differs from the short run in pure competition. LO11.1

2. Relate opportunity costs to why profits encourage entry into purely competitive industries and how losses encourage exit from purely competitive industries. LO11.2