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Question 22 - CBSA discussion

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R3 Corda does not organize time into blocks. What does Corda actually perform and use?

A.
Ripple is implemented as the blockchain and XRP for cryptocurrency.
Answers
A.
Ripple is implemented as the blockchain and XRP for cryptocurrency.
B.
Notary services and timesmapping
Answers
B.
Notary services and timesmapping
C.
R3 Corda is a blockchain and does use blocks
Answers
C.
R3 Corda is a blockchain and does use blocks
D.
Notary services and timestamping
Answers
D.
Notary services and timestamping
Suggested answer: D

Explanation:

Review Technical Whitepaper https://www.corda.net/ Corda network has one or more notary services which provide transaction ordering and timestamping services, thus abstracting the role miners play in other systems into a pluggable component.

asked 16/09/2024
Venkat Burri
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