Some of the Various Consensus Models Employed by Public Blockchain

question 189

Multiple Choice

Some of the various consensus models employed by public blockchain networks include:

• A) Proof of Work
• B) Proof of Importance
• C) Proof of Stake
• D) All of the above

Understand the aspects of the marketing mix and its application in targeting the correct audience.

Learn about brand building through simplicity and strong associations.

Identify the role of promises and personal branding in establishing customer trust and loyalty.

Develop an understanding of pricing strategies and market research for optimal pricing.

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Definitions:

Unsecured Credit

refers to credit extended without any collateral backing, based solely on the borrower's creditworthiness and promise to repay.

Foreclosure

The legal process by which a lender takes possession of a property used as collateral for a loan due to failure of the borrower to meet the repayment terms.

Deficiency

The shortfall amount between a debt owed and the proceeds from the sale of assets pledged to secure the debt.

Surplus

The amount of an asset or resource that exceeds the portion that is utilized.