A Private Network Is

question 30

Multiple Choice

A Private Network is:

• A) a side Channel to the Ethereum Main Net which costs less gas to run smart contracts.
• B) an exact clone of the Rinkeby Test-Network which can be started as virtual machine in the Azure Cloud.
• C) a Network running only in a private area, where people cannot join freely and openly.

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Definitions:

Empirically Derived

Developed or created based on systematic observation or experimentation rather than theory alone.

Heritable

Traits or characteristics that can be passed from parents to their offspring through genes.

Self-efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.

Fundamental Traits

Core characteristics that are considered foundational in defining an individual's personality, according to certain psychological theories.