Which of the Following Statements Sums Up the Proof of Work

question 53

Multiple Choice

Which of the following statements sums up the Proof of Work consensus process?

• A) Miners complete to find a nonce results in a hash that starts with a predetermined number of leading zeros.
• B) Miners put up a stake. A miner is then selected based on stake value to add a new block to the chain. If a miner adds an invalid block to the chain, that miner loses their stake.
• C) All nodes agree on the data of the transaction.
• D) Miners send assets to an inactive address. This process selects the next owner of a block.

---

Definitions:

Section 179 Expense

A section of the IRS tax code allowing businesses to deduct the full purchase price of qualifying equipment and/or software within a tax year.

Separately Stated

Items on a tax return or financial statement that are listed individually to ensure proper treatment under tax laws or accounting rules.

Ordinary Income

Income earned from providing services or the sale of goods, as opposed to capital gains or investment income, taxed at standard rates.

Section 179 Expense

A tax deduction that allows businesses to deduct the full purchase price of qualifying equipment and/or software within a tax year.