Technical Interview Questions
Every block must include these three things: A hash pointer to the previous block Timestamp List of transactions Every block in a blockchain typically consists of the following elements: Block Header: This includes metadata about the block, such as its unique identifier (hash), timestamp, and a reference to the previous block’s hash. Transactions: This … Read more
A Blockchain consists of a list of records(some or all of the recent transaction). Such records are stored in blocks. Each time a block gets completed, a new block is generated. The block linked with other blocks constitutes a chain of blocks called Blockchain. Each block, after added into the blockchain, will be stored as … Read more
Some of the popular platforms for developing blockchain are: Ethereum Hyperledger Sawtooth Quorum Ripple R3 Corda Qtum IOTA EOS As of my last knowledge update in January 2022, several popular platforms were used for developing blockchain applications. Keep in mind that the blockchain space is dynamic, and new platforms may have emerged since then. … Read more
The essential properties of a blockchain are: Decentralized Systems Distributed ledger Safer & Secure Ecosystem Fast Low Transaction Fees Fault-Tolerant Minting Blockchain technology has several key features that contribute to its uniqueness and effectiveness. Here are some of the key features of blockchain: Decentralization: Blockchain operates on a decentralized network of computers, known as … Read more
There are two types of records in a blockchain database. Transactional Records Block Records Both the records can easily be accessed and can integrate with each other without following any complex algorithm. In a blockchain database, the main type of record is a “block.” A block contains a list of transactions that have been … Read more