NETWORK SECURITY
DIGITAL SIGNATURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Gas
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Ether
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Ether
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Block Reward
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Detailed explanation-1: -Gas is the fuel that powers the Ethereum Virtual Machine (EVM). It is a measure of the computational effort required to execute a specific operation or contract on the Ethereum network. Gas is used to pay for the execution of smart contracts, transactions, and other operations on the Ethereum network.
Detailed explanation-2: -The EVM is required for the Ethereum protocol and is necessary for the consensus generator of the Ethereum system. It allows anyone to feed code into a specific ecosystem in which the result of execution can be confirmed and which is completely deterministic, i.e. smart contracts can be managed.
Detailed explanation-3: -Virtual machines aren’t tied to a specific physical device and have no system interface or hardware. A virtual machine uses the computing power of many participants to provide a runtime environment similar to a physical computer.
Detailed explanation-4: -Ethereum is a single decentralised infrastructure that powers the Ethereum virtual machine (EVM). Ethereum is a single decentralised infrastructure that powers the Ethereum virtual machine (EVM).