In Hashcash, Miners All Compete to Look for a So

question 202

Multiple Choice

In Hashcash, miners all compete to look for a so called. "____________"which, if provided as input (together with other parts of a block header) to a hash function, yields an output that's numerically small enough to claim the next block reward.

• A) Difficulty bits
• B) Nonce
• C) Merkle Root
• D) Timestamp

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Definitions:

Equity

Represents the value of an ownership interest in a company, often expressed as share capital or stock, reflecting the residual interest in the assets of the entity after deducting liabilities.

Current Liabilities

Current liabilities are financial obligations a company owes and is expected to pay within one year or within its operating cycle, whichever is longer.

Private Placement

The sale of securities to a relatively small number of selected investors as a way of raising capital, not publicly offered in the open market.