Provide Response to the following 5 questions. Each response should be NO LONGER than 2 paragraphs (8 sentences each). The goal is for each student to respond in their own words, providing an answer that is clear, concise, of high quality and free of any major spelling/grammatical issues. You DO NOT need to cite the references in an apa/mla style (or in-text), simply provide the website link after your response so I may use them to view your sources. The plagiarism check, turn-it-in, is in place for submissions. 

Please answer all 5 of the following questions:

1. State the main benefits of Blockchain Technology. Why would an organization be interested in these benefits?

2. What are some differences between a Public and a Private Blockchain? What benefits might one have over the other if you had to choose one for your business?

3. There are a number of types of encryption used for various blockchains. Pick one and describe what it is and why you might use that one over another. What benefits does it have? Drawbacks?

4. What exactly is a Merkle tree? Why should anyone care about it?

5. What is the difference between a blockchain that is proof-of-work vs one that is proof-of-stake?

**Bonus Question**

What is the purpose of the nonce in a blockchain block?

NEED ASSIGNMENT HELP?

We guarantee plagiarism-free and AI-free writing services. Every assignment is crafted with originality, precision, and care to meet your academic needs.

Ready to get started? Place your order directly on this post!

Let us help you achieve excellence—authentic work, every time.