Consensus Is Reached

question 1

Multiple Choice

Consensus is reached:

• A) by the miner nodes which make sure that a transaction is valid.
• B) by every single node in the blockchain network executing the same transaction.
• C) by a cryptographic secure signature algorithm called ECDSA which makes sure that cheating is impossible.

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Definitions:

Cognitive Development

The development of thought processes, including remembering, problem-solving, and decision-making, from childhood through adolescence to adulthood.

Acquisition

The process of gaining knowledge, skills, competencies, or assets, encompassing both learning and obtaining physical goods.

Encoding

The method of transforming information into a configuration suitable for memory storage.

Automatization

The process by which a skill becomes so practiced that it can be performed with little conscious effort.