Question: Please answer each part in 500 words. Cryptocurrencies are always in news for one or the other things. Most of the traders are also looking

Please answer each part in 500 words.

Cryptocurrencies are always in news for one or the other things. Most of the traders are also looking forward and trying to gather more information in these types of currencies so that they can invest and mine them. The backbone of Cryptocurrencies are the Blockchain technology which is a type of digital ledger system that maintains the records of all transactions done in mining of these currencies. With the same perspective,

discuss the following:

a. Discuss the features of blockchain which makes the complete management of cryptocurrencies transparent.

b. Explain the various layers in the stack of bitcoin blockchain.

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