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With respect to cryptocurrency the following statements are true except for: Multiple Choice An Ethereum block is added every 12 to 15 minutes, compared to 10 minutes in the Bitcoin platform. Account is debited/credited in Ethereum vs. Bitcoin's unspent transaction output system. Mining of Ether occurs at a constant rate, while Bitcoin mining reduces by 50 percent every 4 years. Transaction fees for Ethereum differ by computational complexity, while Bitcoin transaction fees differ by block size.

With respect to cryptocurrency the following statements are true except for: Multiple Choice An Ethereum block is added every 12 to 15 minutes, compared to 10 minutes in the Bitcoin platform. Account is debited/credited in Ethereum vs. Bitcoin's unspent transaction output system. Mining of Ether occurs at a constant rate, while Bitcoin mining reduces by 50 percent every 4 years. Transaction fees for Ethereum differ by computational complexity, while Bitcoin transaction fees differ by block size.

Database System Concepts
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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With respect to cryptocurrency the following statements are true except for: Multiple Choice An Ethereum block is added every 12 to 15 minutes, compared to 10 minutes in the Bitcoin platform. Account is debited/credited in Ethereum vs. Bitcoin's unspent transaction output system. Mining of Ether occurs at a constant rate, while Bitcoin mining reduces by 50 percent every 4 years. Transaction fees for Ethereum differ by computational complexity, while Bitcoin transaction fees differ by block size.
Transcribed Image Text:With respect to cryptocurrency the following statements are true except for: Multiple Choice An Ethereum block is added every 12 to 15 minutes, compared to 10 minutes in the Bitcoin platform. Account is debited/credited in Ethereum vs. Bitcoin's unspent transaction output system. Mining of Ether occurs at a constant rate, while Bitcoin mining reduces by 50 percent every 4 years. Transaction fees for Ethereum differ by computational complexity, while Bitcoin transaction fees differ by block size.
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