Computer Science > STUDY GUIDE > AA 1ETHEREUM - BLOCKCHAIN 2.0 (1)-REVIEWED BY EXPERTS 2021 (All)
ETHEREUM - BLOCKCHAIN 2.0 Ethereum’s proof of Work Algorithm is ______. SHA256 ERC stands for _____________. ETHEREUM REQUEST FOR COMMENTS What is the purpose of EVM? TO COMPILE AND E... XECUTE CODE What is the denomination used in Ethereum? ETHER _________requires lots of Electricity/Energy. BLOCKCHAIN Ethereum's mining process is similar to bitcoin. TRUE The native currency of Ethereum network is _________________. ETHER EIP stands for __________. ETHEREUM IMPROVEMENT PROPOSAL How is the ether brought into the Ethereum system? MINING What is the purpose of EVM? TO COMPILE AND EXECUTE CODE ERC stands for _____________. ETHEREUM REQUEST FOR COMMENTS The time taken for mining one block in Ethereum is ___________. 10 SECONDS 10 MINUTES What is the smallest unit of Ether? WEI Basic Structure for ERC20 Tokens is __________________. 6 FUNCTIONS. 2 EVENTS. 3 TOKEN INFORMATION The native currency of Ethereum network is _________________. ETHER EVM stands for ___________. ETHEREUM VIRTUAL MACHINE What are Ethereum tokens? NATIVE CURRENCY DIGITAL ASSET Ethereum tokens are created by using ____________. SMART COTNRACTS For EIP to become a new ERC, _________________. IS TO FOLLOW CODING STANDARDS IS TO BE CODED PROPERLY DEPLOYED IN THE BLOCKCHAIN What is the denomination used in Ethereum? ETHER How many rewards (Wei/Ether) does the miner receive for adding a block to the chain? 5 ETHER _________requires lots of Electricity/Energy. BLOCKCHAIN [Show More]
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