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Question 13 - CBSA discussion

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Ethereum is considered to be a ______________type of blockchain.

A.
Permissionless
Answers
A.
Permissionless
B.
Permission Based
Answers
B.
Permission Based
C.
Hybrid
Answers
C.
Hybrid
D.
Private
Answers
D.
Private
Suggested answer: A

Explanation:

Permissionless - anyone can join Anyone can run a node, run mining software/hardware, access a wallet and write data onto and transact within the blockchain (as long as they follow the rules of the bitcoin blockchain). There is no way to censor anyone, ever, on the permissionless bitcoin blockchain.

Reference: https://medium.com/@dustindreifuerst/permissioned-vs-permissionless-blockchains-acb8661ee095

asked 16/09/2024
Santanu Roy
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