Fill in the blank: "A blockchain system enables the recording of packaged in blocks that form a sequence, like a chain, in a peer-to-peer network." analog transactions digital intelligence analog intelligence digital transactions   Choose from the list below the best definition of smart contracts. Smart contracts are the algorithms used to encode a message. Smart contracts are computer programs that act as intermediaries that contract, execute, and settle contracts. Smart contracts are the computers of participants in the network. Smart contracts are who create the ledgers of transactions in chained blocks.   Data transparency is one of the characteristics of good data. Choose from the list below how blockchain systems impact data transparency. Miners verify validation of transactions by a majority consensus prior to entry. Data is immutable once entered into a blockchain ledger and cannot be changed or deleted. A blockchain is widely distributed. Each node can potentially back up the entire blockchain ledger to provide multiple copies

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Fill in the blank: "A blockchain system enables the recording of packaged in blocks that form a sequence, like a chain, in a peer-to-peer network." analog transactions

digital intelligence

analog intelligence

digital transactions

 

Choose from the list below the best definition of smart contracts.

Smart contracts are the algorithms used to encode a message.

Smart contracts are computer programs that act as intermediaries that contract, execute, and settle contracts.

Smart contracts are the computers of participants in the network.

Smart contracts are who create the ledgers of transactions in chained blocks.

 

Data transparency is one of the characteristics of good data. Choose from the list below how blockchain systems impact data transparency.

Miners verify validation of transactions by a majority consensus prior to entry.

Data is immutable once entered into a blockchain ledger and cannot be changed or deleted.

A blockchain is widely distributed.

Each node can potentially back up the entire blockchain ledger to provide multiple copies.

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