Bitcoin Interview Questions and Answers
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Experienced / Expert level questions & answers
Ques 1. Explain the concept of a 'hard fork' in the context of Bitcoin.
A hard fork occurs when there is a significant divergence in the blockchain, leading to the creation of two separate and incompatible chains. It often results in the creation of a new cryptocurrency.
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Ques 2. Explain the concept of a '51% attack' in the context of Bitcoin.
A 51% attack occurs when an entity gains control of more than 50% of the total computational power of the Bitcoin network. This could potentially allow the attacker to manipulate transactions or double-spend bitcoins.
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