Select the Best Statement for Determining How Consensus Is Reached

question 83

Multiple Choice

Select the best statement for determining how consensus is reached.

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

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Definitions:

Peak Demand Times

Periods characterized by the highest level of demand for services or products, requiring careful management to maximize efficiency and meet consumer needs.

Scheduling Objective

The goal or target of planning the sequence of tasks or operations, typically aimed at optimizing resources, reducing costs, or meeting deadlines.

Minimize Cost

The objective or process of reducing expenses to the lowest possible level while achieving the desired level of quality or output.

Minimize Response Time

involves actions taken to reduce the amount of time it takes to react to or fulfill a request, often aiming to improve customer satisfaction or operational efficiency.