Which blockchain feature is used to track the transaction process?

IT Exam Items RepositoryCategory: IoT SecurityWhich blockchain feature is used to track the transaction process?

Which blockchain feature is used to track the transaction process?

  • decentralized ledger
  • T-V pairing
  • digital signature
  • algorithm for reaching consensus

Explanation: A blockchain uses four main technologies and features:

  • Digital signatures for authentication
  • A decentralized ledger to track the transaction process
  • An algorithm for reaching consensus so it is easy for others to verify a transaction
  • A hash of the previous block thus forming a blockchain

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