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      Question

      What is the purpose of a "private blockchain"?

      A To create a new cryptocurrency Correct Answer Incorrect Answer
      B To restrict access to a select group of participants for increased privacy and control Correct Answer Incorrect Answer
      C To implement a more secure consensus mechanism Correct Answer Incorrect Answer
      D To make transactions faster and cheaper Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      To restrict access to a select group of participants for increased privacy and control

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