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What are the types of Blockchain Networks?

Question 1:


What is a defining feature of blockchain technology?

A. It is a centralized database managed by a single entity.


B. It is a decentralized, distributed database where data is organized into blocks linked via cryptographic identifiers.


C. It is a traditional database that allows easy modification of records.

Question 2:


Which type of blockchain allows anyone to join, access, and participate?

A. Private Blockchain


B. Public Blockchain


C. Hybrid Blockchain

Question 3:


What is a key disadvantage of private blockchains compared to public blockchains?

A. They are slower and consume more energy.


B. They are less secure and not fully decentralized.


C. They have transparency issues due to the large number of participants.

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