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What data is permanently recorded on the bitcoin network

Assignment Help Accounting Basics
Reference no: EM132674321

Problem 1: A blockchain is

Group of answer choices

Option 1: A centralized ledger

Option 2: An exchange

Option 3: A type of cryptocurrency

Option 4: A distributed ledger on a peer to peer network

Problem 2: Data is permanently recorded on the Bitcoin network through files called

Group of answer choices

Option 1: Node

Option 2: Nounce

Option 3: Safety file

Option 4: Blocks

Problem 3: What is the first block in a blockchain called?

Group of answer choices

Option 1: First block

Option 2: Alpha block

Option 3: Genesis block

Option 4: Initial block

Reference no: EM132674321

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