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  1. Asked: April 1, 2024In: Education

    What is a public Blockchain in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:21 pm

    A public Blockchain in Blockchain is a decentralized network where anyone can join, participate, and transact without needing approval or authorization, allowing for open access and transparency.

    A public Blockchain in Blockchain is a decentralized network where anyone can join, participate, and transact without needing approval or authorization, allowing for open access and transparency.

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  2. Asked: April 1, 2024In: Education

    What is a block reward in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:20 pm

    A block reward in Blockchain refers to the incentive given to miners for successfully adding a new block to the Blockchain, typically in the form of newly created cryptocurrency coins or tokens.

    A block reward in Blockchain refers to the incentive given to miners for successfully adding a new block to the Blockchain, typically in the form of newly created cryptocurrency coins or tokens.

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  3. Asked: April 1, 2024In: Education

    What is a gas fee in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:19 pm

    A gas fee in Blockchain refers to the transaction fee paid by users to execute operations or smart contracts on the network, which serves as an incentive for miners to process and validate transactions.

    A gas fee in Blockchain refers to the transaction fee paid by users to execute operations or smart contracts on the network, which serves as an incentive for miners to process and validate transactions.

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  4. Asked: April 1, 2024In: Education

    What is a zero-knowledge proof in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:19 pm

    A zero-knowledge proof in Blockchain is a cryptographic method that allows one party to prove to another party that they possess certain information or knowledge without revealing the actual content of that information, preserving privacy and confidentiality.

    A zero-knowledge proof in Blockchain is a cryptographic method that allows one party to prove to another party that they possess certain information or knowledge without revealing the actual content of that information, preserving privacy and confidentiality.

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  5. Asked: April 1, 2024In: Education

    What is a decentralized exchange (DEX) in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:18 pm

    A decentralized exchange in Blockchain is a peer-to-peer marketplace or platform that allows users to trade cryptocurrencies directly without the need for intermediaries, enabling trustless and secure transactions.

    A decentralized exchange in Blockchain is a peer-to-peer marketplace or platform that allows users to trade cryptocurrencies directly without the need for intermediaries, enabling trustless and secure transactions.

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  6. Asked: April 1, 2024In: Education

    What is a token swap in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:18 pm

    A token swap in Blockchain refers to the process of exchanging one cryptocurrency token for another, typically during a migration to a new Blockchain or when tokens are converted between different standards or protocols.

    A token swap in Blockchain refers to the process of exchanging one cryptocurrency token for another, typically during a migration to a new Blockchain or when tokens are converted between different standards or protocols.

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  7. Asked: April 1, 2024In: Education

    What is a Byzantine fault-tolerant (BFT) consensus algorithm in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:17 pm

    A Byzantine fault-tolerant consensus algorithm in Blockchain is a mechanism designed to achieve consensus among distributed nodes even in the presence of Byzantine faults, ensuring the integrity and security of the network.

    A Byzantine fault-tolerant consensus algorithm in Blockchain is a mechanism designed to achieve consensus among distributed nodes even in the presence of Byzantine faults, ensuring the integrity and security of the network.

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  8. Asked: April 1, 2024In: Education

    What is a Byzantine fault in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:17 pm

    A Byzantine fault in Blockchain refers to a fault or failure in a distributed system where nodes may exhibit arbitrary or malicious behavior, such as sending conflicting information or refusing to cooperate, posing challenges to achieving consensus.

    A Byzantine fault in Blockchain refers to a fault or failure in a distributed system where nodes may exhibit arbitrary or malicious behavior, such as sending conflicting information or refusing to cooperate, posing challenges to achieving consensus.

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  9. Asked: April 1, 2024In: Education

    What is a consensus fork in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:16 pm

    A consensus fork in Blockchain occurs when there is a disagreement among network participants on the rules or protocol changes, resulting in a split of the network into separate chains with different consensus mechanisms.

    A consensus fork in Blockchain occurs when there is a disagreement among network participants on the rules or protocol changes, resulting in a split of the network into separate chains with different consensus mechanisms.

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  10. Asked: April 1, 2024In: Education

    What is a decentralized autonomous organization (DAO) in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:16 pm

    A decentralized autonomous organization in Blockchain is an organization governed by smart contracts and decentralized consensus, where decisions are made collectively by token holders based on predefined rules and voting mechanisms.

    A decentralized autonomous organization in Blockchain is an organization governed by smart contracts and decentralized consensus, where decisions are made collectively by token holders based on predefined rules and voting mechanisms.

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