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Question 8 - CBBF discussion

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How does a private Blockchain differ from a public one? Select all that apply.

A.
A private Blockchain does not use proof of work consensus
Answers
A.
A private Blockchain does not use proof of work consensus
B.
A private Blockchain is more efficient and has faster transaction times
Answers
B.
A private Blockchain is more efficient and has faster transaction times
C.
A private Blockchain is not distributed
Answers
C.
A private Blockchain is not distributed
D.
A private Blockchain often requires the identity of users to be known
Answers
D.
A private Blockchain often requires the identity of users to be known
Suggested answer: D

Explanation:

Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f

asked 16/09/2024
Bill Skadden
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