Question 3
Ethereum is considered to be a ______________type of blockchain.
Correct answer: A
Explanation:
Permissionless - anyone can join Anyone can run a node, run mining software/hardware, access a wallet and write data onto and transact within the blockchain (as long as they follow the rules of the bitcoin blockchain). There is no way to censor anyone, ever, on the permissionless bitcoin blockchain. Reference: https://medium.com/@dustindreifuerst/permissioned-vs-permissionless-blockchains-acb8661ee095
Permissionless - anyone can join Anyone can run a node, run mining software/hardware, access a wallet and write data onto and transact within the blockchain (as long as they follow the rules of the bitcoin blockchain). There is no way to censor anyone, ever, on the permissionless bitcoin blockchain.
Reference: https://medium.com/@dustindreifuerst/permissioned-vs-permissionless-blockchains-acb8661ee095