What are two reasons that you would consider implementing a POW algo in your blockchain? (Select two.)
The main benefits are the anti-DoS attacks defense and low impact of stake on mining possibilities. Defense from DoS attacks. PoW imposes some limits on actions in the network. They need a lot of efforts to be executed. Efficient attack requires a lot of computational power and a lot of time to do the calculations. Therefore, the attack is possible but kind of useless since the costs are too high. Mining possibilities. It doesn't matter how much money you have in your wallet. What matters is to have large computational power to solve the puzzles and form new blocks. Thus, the holders of huge amounts of money are not in charge of making decisions for the entire network.
What are some likely repercussions that could occur as a result of a 51% attack to the Bitcoin network? (Select three.)
The 4 main attacks that can happen directly as a result of the 51% attack are: Selfish mining. Cancelling transactions. Double Spending. Random forks.
In Hyperledger Fabric chaincode runs in a secured Docker container isolated from the endorsing peer process?
Which of these demonstrates the correct order of the lifecycle of a transaction on Ethereum blockchain?
Which of these technical components best represents why cryptocurrency is able to operate successfully?
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