What is the core principle of blockchain technology ?
2024
What is the core principle of blockchain technology ?
Answer: B. Distributed ledger with immutable and transparent data — The core principle of blockchain technology is a distributed ledger system where data is stored across multiple nodes. This ensures immutability and…
- A.
Centralized data storage with strong encryption
- B.
Distributed ledger with immutable and transparent data
- C.
Secure peer-to-peer communication using public-key cryptography
- D.
High-performance computing for complex data analysis
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Correct answer: B
The core principle of blockchain technology is a distributed ledger system where data is stored across multiple nodes. This ensures immutability and transparency, as changes require consensus from the network participants.