ArtOfBlockChain
ArtOfBlockChain
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  • Difficulty - Medium
    Total Plays - 45
    Allowed Time - 10 sec
    Best time - 1.211 sec

    Blockchain Oracles provide

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    Explanation:
    A blockchain oracle is a service that connects a blockchain with real-world data from outside the network. It helps smart contracts get information like weather, prices, or sports scores so they can work properly.
  • Difficulty - Medium
    Total Plays - 52
    Allowed Time - 10 sec
    Best time - 0.294 sec

    DAO stands for:

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    Explanation:
    A DAO is a blockchain-based organization run by code and community votes, not central leaders. It uses tokens and smart contracts to make collective decisions.
  • Difficulty - Medium
    Total Plays - 78
    Allowed Time - 10 sec
    Best time - 0.597 sec

    A "sidechain" is:

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    Explanation:
    Sidechains are separate blockchains linked to a main chain (e.g., Polygon for Ethereum) that process transactions independently to enhance scalability and reduce network congestion.
  • Difficulty - Medium
    Total Plays - 46
    Allowed Time - 10 sec
    Best time - 0.770 sec

    First blockchain ever created:

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    Explanation:
    Bitcoin is the first cryptocurrency and blockchain, launched in 2009 by an unknown person or group using the name Satoshi Nakamoto. It allows people to send and receive digital money without needing a bank or middleman.
  • Difficulty - Medium
    Total Plays - 37
    Allowed Time - 10 sec
    Best time - 0.939 sec

    A private key is:

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    Explanation:
    The private key gives control over crypto assets in wallets.
  • Difficulty - Medium
    Total Plays - 40
    Allowed Time - 10 sec
    Best time - 1.017 sec

    A smart contract is:

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    Explanation:
    Smart contracts automate actions when conditions are met.
  • Difficulty - Medium
    Total Plays - 38
    Allowed Time - 10 sec
    Best time - 0.967 sec

    Nodes in blockchain

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    Explanation:
    Nodes maintain the network by validating/relaying transactions
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    Explanation:
    A blockchain is a secure, digital ledger that records transactions in a way that is hard to change. Each block stores data and links to the one before it, making the chain tamper-proof.
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    Explanation:
    NFTs tokenize unique items like art or collectibles.
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    Explanation:
    Layer 2 networks reduce congestion and fees by processing transactions off-chain.
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