The Principle(s)underlying Blockchain Technology Include

question 21

Multiple Choice

The principle(s) underlying blockchain technology include:

• A)a distributed database.
• B)peer-to-peer transmission.
• C)transparency with pseudonymity.
• D)irreversibility of records.
• E)a distributed database,peer-to-peer transmission,transparency with pseudonymity and irreversibility of records.

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Definitions:

Analytic Thought

A cognitive process that involves breaking down complex information or problems into smaller parts or basic principles for better understanding and problem-solving.

Deductive Reasoning

A logical process where a conclusion follows necessarily from the stated premises, moving from general premises to a specific conclusion.

Intuitive Thought

A cognitive process that occurs without deliberate analytical effort, often based on quick, gut feelings or experiences.

Concrete Reasoning

The ability to understand and reason about things that are directly experienced or seen, focusing on the literal and present aspects.