
Explanation:
Option C is correct because this is a fundamental characteristic of distributed ledger technology (DLT). In DLT systems:
Why the other options are incorrect:
Option A is incorrect because DLT is not necessarily energy-efficient. While some consensus mechanisms (like Proof of Stake) are designed to be more energy-efficient than others (like Proof of Work), DLT systems generally require significant computational resources for transaction verification and consensus. Bitcoin's Proof of Work mechanism, for example, is notoriously energy-intensive.
Option B is incorrect because one of the key features of DLT is immutability. Once a transaction is recorded on a distributed ledger, it cannot be easily deleted or altered. This immutability is achieved through cryptographic hashing and the distributed nature of the ledger, where each block contains a hash of the previous block, creating a chain that is extremely difficult to modify retroactively. If an error occurs, a new correcting transaction must be made, rather than deleting the incorrect record.
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Which of the following statements about distributed ledger technology (DLT) is most accurate?
A
DLT is considered energy-efficient as it requires minimal energy for transaction verification
B
Using DLT, a transaction entered incorrectly can easily be rectified by deleting the incorrect record
C
A DLT consensus mechanism requires nodes in a network to agree on a common state of the ledger