What Are Ethereum Nodes

question 46

Multiple Choice

What are Ethereum Nodes?

• A) Programs implementing the Ethereum Protocol to talk to each other and JSON-RPC interfaces to talk to the outside world.
• B) A Java-Script library to compile and run Solidity Code.
• C) A Framework for deploying and running smart contract in a decentralized way.

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Definitions:

Debit

An entry recorded on the left side of a ledger account that increases an asset or expense account, or decreases a liability, equity, or revenue account.

Credit

A financial arrangement where goods, services, or money is received in exchange for a promise to pay back later, often with interest.

"Dr"

An abbreviation for "debit record," indicating an entry on the left side of an account, representing an increase in assets or expenses.

Stockholders' Equity

Shareholders' equity in a corporation, which is the value of the assets that remains once all debts and obligations are deducted.