What is a Merkle tree, and how does it improve efficiency in blockchain?
A Merkle tree, named after Ralph Merkle who patented the
Gaganpreet Singh
Describe the process of address generation in blockchain wallets.
Address generation in blockchain wallets involves several cryptographic steps to
Explain the concept of double-spending in blockchain.
Double-spending is a potential problem in digital currency systems where
What are the main security challenges in blockchain technology?
The technical breakdown of the main security challenges in blockchain
Describe the role of decentralization in blockchain networks.
Decentralization in blockchain networks plays a crucial role in ensuring
Explain the concept of immutability in blockchain.
The concept of immutability in the context of blockchain:
1.
What is the purpose of the Genesis block in a blockchain?
The Genesis block serves as the foundational block of a
Describe the process of block validation in a blockchain network.
Block validation in a blockchain network is a crucial process
Explain the role of nodes in a blockchain network.
Nodes in a blockchain network play a critical role in
What is a smart contract, and how does it function in blockchain?
A smart contract is a self-executing contract with the terms