BLOCKCHAINF practice question 5 of 15
The transaction hash contained in a block is the______________.
Full set: 84 questionsA block hash is a unique identifier generated by applying a cryptographic hash function to the data in a block's header. This hash acts as a "digital fingerprint" because it uniquely represents all the information within that block, including the Merkle root of all transactions, the timestamp, and the hash of the previous block. If any part of the block's data is altered, the resulting hash will change completely. This property ensures the integrity and immutability of the data recorded on the blockchain.
A. The hash is a unique identifier, but its function is not to specifically show it is a Bitcoin block; other blockchains use the same mechanism.
B. A private key is a secret credential used to authorize transactions, fundamentally different from a hash, which is a public data identifier.
D. While a hash is a form of metadata used for identification, the term "digital fingerprint" more accurately describes its unique and integrity-verifying properties.
1. Narayanan, A., Bonneau, J., Felten, E., Miller, A., & Goldfeder, S. (2016). Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction. Princeton University Press. In Chapter 1, Section 1.1, "Cryptographic Hash Functions," the authors state, "It’s useful to think of a hash as a fingerprint of the data."
2. Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System. In Section 4, "Proof-of-Work," the paper describes the process of hashing the block header, which includes a nonce, the Merkle root of transactions, and the previous block's hash, to create a unique identifier that secures the block. This functions as the block's digital fingerprint. Available at: https://bitcoin.org/bitcoin.pdf
3. Gensler, G. (2018). Lecture 2: Mechanics of Bitcoin. 15.S12 Blockchain and Money, Fall 2018. MIT OpenCourseWare. The lecture explains that the block hash (or block ID) is created by hashing the block header, serving as a unique identifier for the block and all its contents.
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Other BLOCKCHAINF practice questions
- Question 1What is a private Blockchain used instead of a public one?
- Question 2Which of the following statements sums up the Proof of Work consensus process?
- Question 3What do consensus methods achieve?
- Question 4Blockchains work best when they are____________________.
- Question 6The Blockchain ledger is commonly referred to as___________.
- Question 7How does Blockchain use hashing? Select all that apply.
