Question: What is the role of a block reward in the context of Proof of Work (PoW) consensus?
Answer:
In the context of Proof of Work (PoW) consensus, a block reward provides an incentive for miners to validate transactions and secure the network by solving complex mathematical problems.
MCQ: What is the role of a block reward in the context of Proof of Work (PoW) consensus?
Explanation:
In the context of Proof of Work (PoW) consensus, a block reward provides an incentive for miners to validate transactions and secure the network by solving complex mathematical problems.
Discuss a Question
Related Questions
- 1. How does blockchain contribute to the concept of decentralized finance (DeFi) lending platforms?
- 2. What is the purpose of a cross-chain bridge in blockchain technology?
- 3. How does a consortium blockchain differ from a public blockchain in terms of participants?
- 4. What is the purpose of a token standard in blockchain-based tokenized assets?
- 5. What is the primary goal of web application security?
- 6. What does the term "Cross-Site Scripting (XSS)" refer to in the context of web application security?
- 7. What is the role of a Web Application Firewall (WAF) in web application security?
- 8. Why is input validation important for web application security?
- 9. What is the purpose of session management in web application security?
- 10. Why is it crucial to secure web applications?
You may be interested in:
Cyber Security Multiple Choice Questions And Answers (MCQs)Recently Added Articles
How Can AI Simplify the Academic Life of Students?
Last updated on: April 16, 2025Posted by: ExamRadar
Want to Clear IBPS RRB PO? Master These Mock Test Hacks!
Last updated on: March 10, 2025Posted by: ExamRadar
Top AI Tools for Instantly Detecting Plagiarized Writing
Last updated on: December 5, 2024Posted by: ExamRadar
Applying Algorithmic Trading Techniques to Forex: Insights for Programmers and Data Scientists
Last updated on: November 22, 2024Posted by: ExamRadar
Image to Text Conversion Made Easy: Online Tool Insights
Last updated on: April 12, 2024Posted by: ExamRadar
