Which of the following statements about blockchain DLT is NOT correct?Each peer maintains a node on the networkOnly the admin nodes can validate the transaction blocks for a specific time slotA new block is broadcasted to all other peers on the networkAll of these are correct
Question
Which of the following statements about blockchain DLT is NOT correct?Each peer maintains a node on the networkOnly the admin nodes can validate the transaction blocks for a specific time slotA new block is broadcasted to all other peers on the networkAll of these are correct
Solution
The statement that is NOT correct about blockchain DLT (Distributed Ledger Technology) is: "Only the admin nodes can validate the transaction blocks for a specific time slot".
In a blockchain network, any node can participate in the validation process, not just the admin nodes. This is one of the key features of blockchain technology, ensuring decentralization and security. The process of validating transactions and creating new blocks is done through a consensus mechanism, such as Proof of Work or Proof of Stake, which can be participated in by any node in the network.
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