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    Zack Thakor
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    This document outlines 9 questions for an assignment on blockchain concepts. Students are asked to discuss the concept of blocks in blockchain, the blockchain transaction lifecycle, applications of blockchain beyond cryptocurrencies, challenges and limitations of blockchain, distributed ledger technology concepts and benefits, comparisons of public, private, consortium and hybrid blockchains, objectives of consensus mechanisms, how tokens differ from altcoins, and what airdrops are and their benefits.

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    This document outlines 9 questions for an assignment on blockchain concepts. Students are asked to discuss the concept of blocks in blockchain, the blockchain transaction lifecycle, applications of blockchain beyond cryptocurrencies, challenges and limitations of blockchain, distributed ledger technology concepts and benefits, comparisons of public, private, consortium and hybrid blockchains, objectives of consensus mechanisms, how tokens differ from altcoins, and what airdrops are and their benefits.

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    © All Rights Reserved
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    7 views1 page

    Assignment 1

    Uploaded by

    Zack Thakor
    This document outlines 9 questions for an assignment on blockchain concepts. Students are asked to discuss the concept of blocks in blockchain, the blockchain transaction lifecycle, applications of blockchain beyond cryptocurrencies, challenges and limitations of blockchain, distributed ledger technology concepts and benefits, comparisons of public, private, consortium and hybrid blockchains, objectives of consensus mechanisms, how tokens differ from altcoins, and what airdrops are and their benefits.

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    © All Rights Reserved
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    THE CHARUTAR VIDYA MANDAL UNIVERSITY

    B.E. (Semester-7) A.Y.: 2023-24


    Course: Blockchain (102046703)

    Assignment-1

    1. Discuss the concept of block in blockchain in detail.


    2. Explain the Blockchain Transaction Life Cycle.
    3. Discuss the potential applications of blockchain technology beyond cryptocurrencies.
    4. Discuss the challenges and limitations of blockchain technology.
    5. Discuss DLT (Distributed Ledger Technology) concepts of Blockchain in detail along
    with the benefits.
    6. Compare Public, Private, Consortium and Hybrid blockchain.
    7. What are the main objectives of a consensus mechanism?
    8. How do tokens differ from Altcoins?
    9. What is Airdrop? What are the benefits of airdrops?

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