BLOCKCHAIN QUESTIONS \\&
ANSWERS!!
Blockchain - ANSWERA digital ledger in which transactions made in bitcoin or
another cryptocurrency are recorded chronologically and publicly
MetaMask - ANSWERMetaMask is a browser plugin that allows users to make
Ethereum transactions through regular websites. It facilitates the adoption of
Ethereum because it bridges the gap between the user interfaces for Ethereum (eg.
Mist browsers, Dapps) and the regular web (eg. Chrome, Firefox, websites).
Distributed Ledger - ANSWERA type of database that may be shared among entities
in a network.
Encryption - ANSWERa process of encoding messages to keep them secret, so only
"authorized" parties can read it.
Fiat Currency - ANSWERCurrency that only holds value because the government
says it does
Liquidity - ANSWERthe ease with which an asset can be converted into cash
Cryptocurrency - ANSWERA digital currency in which encryption techniques are
used to regulate the generation of units of currency and verify the transfer of funds.
Bitcoin - ANSWERthe most popular and fastest-growing digital currency
Ethereum - ANSWERan open-source, public, blockchain-based distributed
computing platform and operating system featuring smart contract (scripting)
functionality.
Immutability - ANSWERunchangeable
ANSWERS!!
Blockchain - ANSWERA digital ledger in which transactions made in bitcoin or
another cryptocurrency are recorded chronologically and publicly
MetaMask - ANSWERMetaMask is a browser plugin that allows users to make
Ethereum transactions through regular websites. It facilitates the adoption of
Ethereum because it bridges the gap between the user interfaces for Ethereum (eg.
Mist browsers, Dapps) and the regular web (eg. Chrome, Firefox, websites).
Distributed Ledger - ANSWERA type of database that may be shared among entities
in a network.
Encryption - ANSWERa process of encoding messages to keep them secret, so only
"authorized" parties can read it.
Fiat Currency - ANSWERCurrency that only holds value because the government
says it does
Liquidity - ANSWERthe ease with which an asset can be converted into cash
Cryptocurrency - ANSWERA digital currency in which encryption techniques are
used to regulate the generation of units of currency and verify the transfer of funds.
Bitcoin - ANSWERthe most popular and fastest-growing digital currency
Ethereum - ANSWERan open-source, public, blockchain-based distributed
computing platform and operating system featuring smart contract (scripting)
functionality.
Immutability - ANSWERunchangeable
