Question: Which statement about blockchain technology is false? A blockchain has nodes, which consist of the computers, laptops, or servers of all participants in the blockchain.

Which statement about blockchain technology is false?
A blockchain has nodes, which consist of the computers, laptops, or servers of all participants in the blockchain.
Blocks of ledgers are stored on nodes in the blockchain.
A record of a transaction can't be added to the blockchain without network consensus.
Blockchain transactions can be updated at any time by participants in the blockchain.
Which statement about blockchain technology is

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 Programming Questions!

Q:

Which statement about blockchain technology is false? Blockchain transactions can be updated at any time by participants in the blockchain. Blocks of ledgers are stored on nodes in the blockchain. A...

Q:

The possibilities are virtually countless, especially when the power of IoT is combined with that of other technologies, such as machine learning. But some major hurdles will surface as billions of...

Q:

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...

Q:

I have to create a program in C and I can't figure it out. The program has to read a source file. Please help. /******************************************************************** PROJECT: Glossary...

Q:

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...

Q:

Walmart's board of directors has hired you to address their concerns about the blockchain initiative described in HBR Case W07C69 provided in your Coursepack. The 12 board members have various...

Q:

ONLY SUBMIT ONLINE, OTHERWISE, YOUR ASSIGNMENT WILL NOT BE MARKED QUESTION 1 (35 marks, 63 minutes) Tech-Savvy Limited (TSL) is a technology innovation company based in Cape Town. The company focuses...

Q:

The question: Refer to the above paragraphs, state who are the responsible bodies and how does the above issues being resolved by those responsible bodies? The controversial issues with regard to the...

Q:

The Cryptocurrency Market size in terms of transaction value is expected to grow from USD 1.33 trillion in 2023 to USD 5.02 trillion by 2028, at a CAGR of 30.40% during the forecast period...

Q:

We are increasingly seeing new trends in application of emerging technologies, such as blockchain, audit analytics and continuous auditing, artificial intelligence and others in the public sector....

Q:

In the current no-backlogging problem, SureStep doesnt hire any workers, and it uses almost no overtime. This is evidently because of low demand. Change the demands to 6000, 8000, 5000, and 3000, and...

Q:

An electron jumps from n = 3 to n = 2 in a hydrogen atom in a distant galaxy, emitting light. If we detect that light at a wavelength of 3.00 mm, by how much has the wavelength, and thus the...

Q:

today there are over 2 5 0 0 0 cryptocurrencies. one factor contributing to this growth is

Q:

In 7-10, Write a two column proof, and mark triangles appropriately. 7. Given: PQ = SR, PR = SQ Prove: APOR = ASRO Sutement R Reason