"Blockchain Basics Quiz" by kar Ta

Unanimous agreement

Random selection

No consensus required

Majority agreement

Mining cryptocurrency

Executing smart contracts

Storing data

Validating transactions

To eliminate the need for digital currency

To provide a secure and anonymous means of transaction

To centralize control of financial transactions

To centralize data storage

To limit access to transaction history

To distribute transaction records across multiple nodes

A digital agreement that automatically executes when predefined conditions are met

A type of cryptocurrency used for secure transactions

A form of blockchain consensus mechanism

A decentralized network for storing and managing data

A decentralized digital ledger

A centralized database

A peer-to-peer network