hard
Single Answer
0Which of the following is not a step taken when a transaction is entered in a blockchain?
Answer Options
A
The value of the block is determined.
B
The transaction is sent to a peer-to-peer network of computers.
C
The transaction is validated using equations.
D
A transaction history is maintained as part of the blockchain.
Correct Answer: A
Explanation
While cryptocurrency is a common use of blockchain technology, it isn’t the only use. Values of blocks are not determined as part of transactions—in fact, even in cryptocurrency uses, values are determined by prices set on exchanges as sellers and buyers exchange cryptocurrencies.