Blockchain Blockchain MCQ Details
MCQ Practice Single Best Answer Topic: Blockchain

Q Bitcoin is a type of public blockchain.

Question ID
#6630
Subchapter
Blockchain
Action
Choose one option below

Choose Your Answer

Click an option to check whether your answer is correct.

  • A True
  • B False
Correct Answer: A

Explanation

True.

Bitcoin is a type of public blockchain, which means that anyone can participate in the network and access the blockchain ledger. Public blockchains are decentralized and open, allowing for transparency and accountability in transactions. All participants in the network have equal access and can participate in the consensus mechanism used to validate transactions and add new blocks to the blockchain.

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