Home »
MCQs »
Blockchain MCQs
What is Blockchain?
17. What is Blockchain?
- A currency
- A ledger
- A type of currency
- A distributed ledger on a peer-to-peer network
Answer: D) A distributed ledger on a peer-to-peer network
Explanation:
A blockchain is a distributed digital ledger that records and replicates transactions in real-time across a network. A blockchain is a growing list of documents, known as blocks, that are cryptographically linked together.