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Transactions per second (TPS) for a Proof-of-Work Blockchain are approximately?
24K per second
175K per second
Only limited to the number of nodes on the network
7-15 per second
None of the above
References:
One of the big issues that new financial transaction Blockchain solutions face is____________.
increasing the number of transactions per second (TPS)
the inability to find use cases
solving user identity
getting banks to cooperate
A Blockchain is a/an _____________ shared ledger distributed system.
Anonymous
Newer version of a
Append-only
Confidential
Why is a private Blockchain used instead of a public one?
To limit user access and permissions
It is less expensive to develop
It requires less mining power than a public Blockchain
It requires fewer administrators to manage it
TESTED 19 May 2024
