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Blockchain
Unit 1
Introduction to Blockchain
What is Blockchain?
How Does Blockchain Work?
Types of Blockchains
Blockchain Applications
Challenges and Future of Blockchain
Unit 2
How Bitcoin Uses Blockchain
Introduction to Bitcoin and Blockchain
Bitcoin Transactions and Blockchain Verification
Security and Consensus in Bitcoin Blockchain
Unit 3
What are Dapps
Introduction to Dapps
Architecture of Dapps
Development of Dapps
Unit 4
What is Ethereum
Introduction to Ethereum
Ethereum Virtual Machine (EVM)
Ethereum Mining and Consensus
Ethereum Improvement Proposals (EIPs)
Ethereum Use Cases and Applications
Unit 1 • Chapter 5
Challenges and Future of Blockchain
Summary
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Concept Check
What is one of the main challenges facing Blockchain technology?
High energy consumption
Slow transaction speed
Limited scalability
Scalability issues
What is an aspect of the future of Blockchain technology?
Centralized control
Decreased security measures
Increased regulation
Interoperability with different blockchains
Why is security a concern for Blockchain technology?
Compatible with all technologies
High scalability
Risk of hacking and cyber attacks
Low energy consumption
What is a potential solution to the energy consumption issue of Blockchain?
Implement faster internet speeds
Transition to proof of stake consensus mechanism
Increase number of transactions
Use more computing power
How can Blockchain technology achieve mainstream adoption?
Improved user experience and scalability
Decrease security measures
Reduce transaction speed
Centralized control and regulation
Check Answer
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Blockchain Applications