When a New Block Is Mined

question 24

Multiple Choice

When a new block is mined:

• A) a list of transactions as well as uncles is incorporated in the block. All gas that is used during those transactions is added to the miners' balance. Also, the block reward is added to the miner. Then the same transactions are run again by every participating node in the network to achieve consensus.
• B) a list of transactions is incorporated in that block. Gas used during the execution is attached to the executing contracts while the block reward is automatically spread across the mining pool to ensure a fair spread. Consensus is reached by a special form of hash code.

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Definitions:

Manager

A manager is an individual responsible for directing and overseeing the operations and personnel within a department or organization, focusing on achieving goals and managing resources.

Mediation

A neutral party tries to help conflicting parties improve communication to resolve their dispute.

Neutral Third Party

An unbiased individual or entity not directly involved in a situation who may help mediate or arbitrate disputes.

Distributive Negotiations

A negotiation process focusing on dividing limited resources or reaching an agreement where one party's gain is the other party's loss.