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How does the bitcoin blockchain reach consensus

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Reference no: EM133456070

Questions

1. How does the Bitcoin blockchain reach consensus?

2. How are digital signature useful for TX verifications?

3. What is the structure of a Bitcoin TX?

4. How do Script verifications work? Most common types?

5. How does Bitcoin's monetary policy work?How do Bitcoin fees work?

6. What are main blockchain security risks?

7. What are miners incentives like? Connection between security and price?

8. What is the blockchain trilemma?

9. What are the main types of scaling solutions?

10. What is a payment channel?

11. What is an asymmetric revocable commitment?

12. What is a HTLC?

13. How does the LN achieve fast, secure, cheap btc payments?

14. How are LN fees determined?

Reference no: EM133456070

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