Which of the following is used to point a block in blockchain
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To point a block in a blockchain, we should have cryptographic hash, digital signature.
Explanation:
- The block in a blockchain has a header and a long set of transaction details. This header has a metadata information about the given block.
- In order to identify a block, we should possess a cryptographic hash along with a digital signature. It can be created by hashing the block header two times along with an algorithm named SHA256 algorithm.
- Each and every block uses the hashing of the previous block to develop the hash. This block hashing is considered to be the unique identifier.
To know more about blockchain,
1) Blocks are created in the blockchain network post consensus is achieved true or false
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2) Blockchain could prevent robustness and transparency in the post trade environment
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