New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following is a characteristic of a public

    blockchain?
    A Limited number of participants Correct Answer Incorrect Answer
    B Requires permission to join Correct Answer Incorrect Answer
    C Offers high transaction privacy Correct Answer Incorrect Answer
    D Open and accessible to anyone Correct Answer Incorrect Answer
    E All of these Correct Answer Incorrect Answer

    Solution

    A public blockchain is open to anyone who wants to participate. It is transparent, decentralized, and does not require permission to access or contribute to the network.

    Practice Next

    Relevant for Exams: