What is the role of miners in blockchain?

What is the role of miners in blockchain?

a) To store data on the blockchain
b) To verify and validate transactions
c) To create new types of cryptocurrencies
d) To manage blockchain wallets

Answer:

b) To verify and validate transactions

Explanation:

Miners use computational power to verify and validate transactions, adding them to the blockchain and securing the network.

Reference:

Blockchain Quiz – MCQ Questions and Answers

Scroll to Top