Why You Can Trust the Tech Behind Bitcoin: Robinson

Why You Can Trust the Tech Behind Bitcoin: Robinson

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial explains the technology behind Bitcoin, focusing on the blockchain as a protocol layer, Bitcoin as a digital currency, and its applications beyond currency. It highlights the blockchain's role as a globally distributed public ledger, ensuring transaction permanence and security. The tutorial discusses potential use cases, such as asset provenance and financial services, and addresses security concerns in a trust-based society. It also explores how blockchain can transform transaction processes by eliminating intermediaries and enhancing data security.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the challenges of trusting an online database or ledger.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of having a non-trust-based system in transactions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the blockchain prevent the alteration of transaction history?

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