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  1. Asked: April 1, 2024In: Education

    What is atomic swap in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:15 pm

    An atomic swap in Blockchain is a trustless exchange of cryptocurrencies between two parties directly on different Blockchains, without the need for intermediaries, ensuring that either the entire transaction is completed or none of it occurs.

    An atomic swap in Blockchain is a trustless exchange of cryptocurrencies between two parties directly on different Blockchains, without the need for intermediaries, ensuring that either the entire transaction is completed or none of it occurs.

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  2. Asked: April 1, 2024In: Education

    What is a cross-chain interoperability protocol in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 11:15 pm

    A cross-chain interoperability protocol in Blockchain is a set of standards and technologies that enable communication and interaction between different Blockchains, allowing assets and data to move seamlessly across multiple networks.

    A cross-chain interoperability protocol in Blockchain is a set of standards and technologies that enable communication and interaction between different Blockchains, allowing assets and data to move seamlessly across multiple networks.

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  3. Asked: April 1, 2024In: Education

    What is a sidechain in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on April 1, 2024 at 10:31 am

    A sidechain in Blockchain is a separate Blockchain that runs in parallel to the main Blockchain, enabling interoperability between different Blockchains and facilitating the transfer of assets and data between them.

    A sidechain in Blockchain is a separate Blockchain that runs in parallel to the main Blockchain, enabling interoperability between different Blockchains and facilitating the transfer of assets and data between them.

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  4. Asked: March 31, 2024In: Education

    What is a token standard in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:05 pm

    A token standard in Blockchain is a set of rules and specifications that govern the creation, issuance, and transfer of tokens on a Blockchain network, ensuring interoperability and compatibility between different tokenized assets and applications.

    A token standard in Blockchain is a set of rules and specifications that govern the creation, issuance, and transfer of tokens on a Blockchain network, ensuring interoperability and compatibility between different tokenized assets and applications.

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  5. Asked: March 31, 2024In: Education

    What is a double-spending problem in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:05 pm

    The double-spending problem in Blockchain refers to the risk of a digital currency being spent more than once, undermining the integrity and trustworthiness of the currency, which Blockchain technology aims to solve through decentralized consensus mechanisms.

    The double-spending problem in Blockchain refers to the risk of a digital currency being spent more than once, undermining the integrity and trustworthiness of the currency, which Blockchain technology aims to solve through decentralized consensus mechanisms.

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  6. Asked: March 31, 2024In: Education

    What is a cryptocurrency exchange in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:04 pm

    A cryptocurrency exchange in Blockchain is a platform or marketplace where users can buy, sell, and trade cryptocurrencies, facilitating the exchange of digital assets between different parties.

    A cryptocurrency exchange in Blockchain is a platform or marketplace where users can buy, sell, and trade cryptocurrencies, facilitating the exchange of digital assets between different parties.

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  7. Asked: March 31, 2024In: Education

    What is a consensus protocol in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:04 pm

    A consensus protocol in Blockchain is a set of rules and mechanisms used to achieve agreement among network participants on the validity of transactions and the order of blocks, ensuring the integrity and security of the ledger.

    A consensus protocol in Blockchain is a set of rules and mechanisms used to achieve agreement among network participants on the validity of transactions and the order of blocks, ensuring the integrity and security of the ledger.

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  8. Asked: March 31, 2024In: Education

    What is a genesis block in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:04 pm

    A genesis block in Blockchain is the first block in the Blockchain, serving as the foundation from which all subsequent blocks are linked, containing unique data and often symbolizing the creation of the Blockchain network.

    A genesis block in Blockchain is the first block in the Blockchain, serving as the foundation from which all subsequent blocks are linked, containing unique data and often symbolizing the creation of the Blockchain network.

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  9. Asked: March 31, 2024In: Education

    What is a peer-to-peer network in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:03 pm

    A peer-to-peer network in Blockchain is a decentralized network where nodes communicate directly with each other without the need for intermediaries, facilitating the transfer of data and transactions between participants.

    A peer-to-peer network in Blockchain is a decentralized network where nodes communicate directly with each other without the need for intermediaries, facilitating the transfer of data and transactions between participants.

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  10. Asked: March 31, 2024In: Education

    What is a Block explorer in Blockchain?

    Vijay Kumar
    Vijay Kumar Knowledge Contributor
    Added an answer on March 31, 2024 at 11:03 pm

    A Block explorer in Blockchain is a tool or website that allows users to view information about blocks, transactions, and addresses on the Blockchain, providing transparency and visibility into network activity.

    A Block explorer in Blockchain is a tool or website that allows users to view information about blocks, transactions, and addresses on the Blockchain, providing transparency and visibility into network activity.

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