Question

Which of the following is NOT true about the Bitcoin blockchain?

A. It holds Bitcoin’s entire history of transactions

B. It is publicly available for anyone to audit

C. It adds 24 new blocks each day

D. New blocks that get added are confirmed by miners​

Answer 1

Answer:all of the above

Explanation:

Answer 2

C. It adds 24 new blocks each day

A. The Bitcoin blockchain is a decentralized and distributed ledger that records every transaction ever made on the Bitcoin network. It contains the entire history of Bitcoin transactions, from the very first transaction to the most recent one.

B. It is publicly available for anyone to audit: This statement is also true. The Bitcoin blockchain is public and transparent, which means that anyone can view and audit the transactions recorded on it. This is one of the main features of the blockchain technology, which ensures that the data recorded on it is secure, tamper-proof, and verifiable.

C. It adds 24 new blocks each day: This statement is not true. The Bitcoin blockchain adds new blocks to its chain at an average rate of one block every 10 minutes. This means that it adds 144 new blocks every day, not 24.

D. New blocks that get added are confirmed by miners: This statement is true. When a new block is added to the Bitcoin blockchain, it is first verified and confirmed by a network of miners. These miners use their computational power to solve complex mathematical problems and add the new block to the blockchain. Once a block is confirmed, it becomes a permanent part of the blockchain and cannot be altered or deleted.

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