How Do Consensus Algorithms Like Proof of Work or Proof

question 8

Multiple Choice

How do consensus algorithms like Proof of Work or Proof of Stake incentivize miners to participate?

• A) By paying miners with U.S. dollars
• B) By paying the miners with cryptocurrency
• C) By placing their name on the Blockchain
• D) By not charging users monthly subscription costs

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Definitions:

Nutrients

Compounds that offer essential nourishment needed for life growth and preservation.

Inclusive Taxon

A classification grouping that includes all the descendant species of a common ancestor.

Domain

In biology, it refers to the highest taxonomic rank in the classification of organisms, above kingdom; in other contexts, it can denote a realm of expertise, activity, or knowledge.

Kingdom

A large taxonomic category that classifies life forms, ranking above a phylum and below a domain.