Which of the following challenges make the application of traditional distributed consensus algorithms to blockchain-based systems difficult over the Internet? (a) Large number of users
(b) Global accessibility of the internet
(C) Asynchronous nature of the internet
(d) All of the above
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Answer:
option of this answer is d
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The answer is d) All of the above
Explanation:
“A blockchain” is defined as a ‘decentralized’, ‘distributed’ and ‘public digital ledger’ which records the transactions across many computer systems so that any “involved record” cannot be modified retroactively, without the modification of all following blocks.
Blockchain, a “distributed database”, runs on several computers at the similar time. It grows constantly with new sets of recording referred as 'blocks' are added on to it. Each block compromises a timestamp with a link to the foregoing block to form the chain.
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