All of the following describe blockchain:

All of the following describe blockchain: select all that apply

1. Blockchain cannot verify and facilitate Bitcoin transactions.

2.Blockchain is a less secure type of accounting ledger.

3. Blockchain is continuously and simultaneously updated and verified .

4. Blockchain makes it more difficult for the ledger to be modified.

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Option 3 and 4 are true.

All of the following describe blockchain:

  • Blockchain is continuously and simultaneously updated and verified .
  • Blockchain makes it more difficult for the ledger to be modified.

Blockchain is a mechanism for storing data in a way that makes it difficult or impossible to change, hack, or trick the system. A blockchain is a network of computer systems that often copies and shares a shared ledger of transactions called a digital ledger of transactions.

Option 1. Blockchain cannot verify and facilitate Bitcoin transactions and option 2.Blockchain is a less secure type of accounting ledger are wrong.

We have provided verified answer to your query: Select all that apply All of the following describe blockchain.

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